NEW DELHI, Aug 14: Cardamom prices fell by 3.99 per cent to Rs 745.50 per kg in futures trade today as speculators booked profits at prevailing levels amid subdued demand in the spot market.
Adequate stocks in the physical market also put pressure on the cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in September declined by Rs 31, or 3.99 per cent, to Rs 745.50 per kg in business turnover of 3,226 lots.
Likewise, the spice for delivery in the October contract shed Rs 13.90, or 1.73 per cent, to Rs 775.40 per kg with trading volume of 816 lots.
Market analysts said profit-booking by speculators at prevailing higher levels and subdued demand in the spot market against adequate stocks position mainly kept pressure on the cardamom prices at futures trade. (PTI)
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