NEW DELHI, June 11: Cardamom prices were down 0.27 per cent to Rs 825.20 per kg in futures trading today after speculators trimmed positions, driven by ample stocks against subdued demand in the spot market.
At Multi Commodity Exchange, cardamom for delivery in July fell Rs 2.20, or 0.27 per cent, to Rs 825.20 per kg in a business turnover of 105 lots.
Also, the spice for delivery in August contracts edged down Rs 1.90, or 0.24 per cent, to Rs 797.30 per kg in 2 lots.
Analysts said offloading of positions by speculators, triggered by adequate stocks in the physical market against sluggish demand, mainly led to the fall in cardamom prices. (PTI)
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