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Cardamom falls 0.7% on profit-booking

Prices fell as speculators booked profits at prevailing higher levels

Press Trust of India New Delhi
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.
 

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First Published: Mar 20 2013 | 2:15 PM IST

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