 "Cardamom falls by 0.8% on profit booking")
Cardamom futures fell 0.77% to Rs 816 per kg today due to adequate stocks in the physical market due to higher supplies from producing belts.
Sentiment weakened further as the traders booked profits at the prevailing levels.
At Multi Commodity Exchange, cardamom for June contracts declined Rs 6.40, or 0.77%, to Rs 816 per kg with a business turnover of 131 lots.
Marketmen said that apart from profit booking by speculators at existing levels, low demand at spot market put pressure on cardamom prices in futures market.
Sentiment weakened further as the traders booked profits at the prevailing levels.
At Multi Commodity Exchange, cardamom for June contracts declined Rs 6.40, or 0.77%, to Rs 816 per kg with a business turnover of 131 lots.
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The spice for delivery in July fell Rs 5.60, or 0.69%, to Rs 796 per kg with a trading volume of just 3 lots.
Marketmen said that apart from profit booking by speculators at existing levels, low demand at spot market put pressure on cardamom prices in futures market.