Cardamom prices drop by 2.1% on profit-booking
Fall in demand at spot market also put pressure on prices
 "Cardamom prices drop by 2.1% on profit-booking")
Cardamom futures fell 2.05% to Rs 962 per kg today as traders reduced holdings on weak spot demand.
At the Multi Commodity Exchange, cardamom for May contract declined by Rs 20.20, or 2.05%, to Rs 962 per kg with a business turnover of 24 lots.
Cardamom for delivery in April fell by Rs 16.30, or 1.62%, to Rs 988.10 per kg with trading volume of 535 lots.
Marketmen said profit-booking by speculators at existing levels and fall in demand at spot market put pressure on cardamom prices in futures market.
At the Multi Commodity Exchange, cardamom for May contract declined by Rs 20.20, or 2.05%, to Rs 962 per kg with a business turnover of 24 lots.
Cardamom for delivery in April fell by Rs 16.30, or 1.62%, to Rs 988.10 per kg with trading volume of 535 lots.
Marketmen said profit-booking by speculators at existing levels and fall in demand at spot market put pressure on cardamom prices in futures market.