Cardamom falls by 0.6% on profit-booking

Besides, subdued demand against ample stocks position in the physical market also weighed on the prices

Press Trust of India New Delhi
Last Updated : Jun 26 2015 | 12:29 PM IST
Amid profit-booking by speculators at prevailing levels, cardamom futures fell 0.56% to Rs 830 per kg today.

Besides, subdued demand against ample stocks position in the physical market also weighed on the prices.

At the Multi Commodity Exchange, cardamom for July contract was trading down by Rs 4.70, or 0.56%, to Rs 830 per kg with a business turnover of 252 lots.

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The spice for delivery in August fell by Rs 4.30, or 0.52%, to Rs 818.70 per kg with a trading volume of 87 lots.

Marketmen said besides profit booking by speculators at existing levels, fall in demand in spot market weighed on cardamom prices in futures market.
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First Published: Jun 26 2015 | 12:07 PM IST

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