Cardamom futures fall 3 pc on profit-booking

Besides, sufficient stocks on higher arrivals from the major producing belts exerted pressure on cardamom futures prices.

New Delhi, Sep 14 (PTI) amid easing demand at the spot market.

Besides, sufficient stocks on higher arrivals from the major producing belts exerted pressure on cardamom futures prices.

At the Multi Commodity Exchange, cardamom for October contract fell by Rs 42.90, or 3 percent, to Rs 1,388.50 per kg in a business turnover of 53 lots.

Similarly, the spice for delivery in November edged down by Rs 42, or 2.90 percent, to Rs 1,404 per kg with a trading volume of just one lot.

Marketmen said besides profit-taking by speculators at existing levels, increased arrivals from producing regions exerted pressure on cardamom futures.