NEW DELHI, Oct 27: Cardamom prices fell 1.17 per cent to Rs 1,050 per kg in futures trade today as speculators reduced positions amid low demand.
Besides, sufficient stocks on higher arrivals from the major cardamom producing regions weighed on the prices.
At the Multi Commodity Exchange, cardamom for delivery in January 2018 fell by Rs 12.50, or 1.17 per cent, to Rs 1,050 per kg, in a business turnover of 8 lots.
Similarly, the spice for delivery in December edged down by Rs 9.60, or 0.92 per cent, to Rs 1,025 per kg, with trading volume of 11 lots.
Analysts said off-loading of positions by speculators amid higher supplies from producing regions and sluggish demand in the spot market mainly pulled down cardamom prices in futures trade. (PTI)
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