Cardamom falls 0.7% on profit-booking
Prices fell as speculators booked profits at prevailing higher levels
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Cardamom futures for April declined by Rs 6, or 0.67%, to Rs 880.20 per kg in 1,702 lots.
At the Multi Commodity Exchange (MCX), the May contract shed Rs 5.40, or 0.59%, to Rs 908 per kg in 156 lots.
Prices fell as speculators booked profits at prevailing higher levels amid a subdued spot demand.
Adequate stocks position in the physical market also put pressure on the cardamom prices.
At the Multi Commodity Exchange (MCX), the May contract shed Rs 5.40, or 0.59%, to Rs 908 per kg in 156 lots.
Prices fell as speculators booked profits at prevailing higher levels amid a subdued spot demand.
Adequate stocks position in the physical market also put pressure on the cardamom prices.
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First Published: Mar 20 2013 | 2:15 PM IST