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Cardamom futures for May declined by Rs 28.40, or 4%, to Rs 681.90 per kg in 64 lots.
At the Multi Commodity Exchange (MCX), the June contract shed Rs 14.30, or 1.88%, to Rs 744.20 per kg, with trading volume of 530 lots.
Adequate stocks availability in the physical market also put pressure on the cardamom prices.
Prices hit the daily lower limit and fell as speculators booked profits at prevailing higher levels, driven by subdued demand in the spot market.
