Monday 15 July 2013

Cardamom prices fell by 2.16 per cent to Rs 670 per kg in futures trade today as speculators booked profits driven by sluggish demand in the spot market. Adequate stocks availability in the physical market on increased arrivals from the producing belts also put pressure on the Cardamom prices.

At the Multi Commodity Exchange, cardamom for delivery in July fell by Rs 14.80, or 2.16 per cent, to Rs 670 per kg in business turnover of 88 lots. Similarly, the spice for delivery in August traded lower by Rs 2, or 0.27 per cent, to Rs 752.20 per kg in 394 lots.

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