Cardamom falls by 1.1% on profit-booking
Sufficient stocks position in the physical market also influenced the prices of the spice
 "Cardamom falls by 1.1% on profit-booking")
Cardamom futures traded 1.13% lower at Rs 773 per kg today after speculators booked profits at prevailing higher levels amid subdued spot demand.
Sufficient stocks position in the physical market also influenced the prices of the spice.
At the Multi Commodity Exchange, cardamom for February contract eased by Rs 8.90, or 1.13%, to Rs 773 per kg, with a business turnover of 118 lots.
Marketmen said apart from profit-taking by speculators at existing prices, fall in demand in spot market also put pressure on cardamom prices at futures market.
Sufficient stocks position in the physical market also influenced the prices of the spice.
At the Multi Commodity Exchange, cardamom for February contract eased by Rs 8.90, or 1.13%, to Rs 773 per kg, with a business turnover of 118 lots.
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The spice for delivery in March fell by Rs 6, or 0.76%, to Rs 778 per kg, with a trading volume of 61 lots.
Marketmen said apart from profit-taking by speculators at existing prices, fall in demand in spot market also put pressure on cardamom prices at futures market.