Cardamom prices declined by 1.32 per cent to Rs 758 per kg in futures trade today as speculators trimmed their positions amid adequate stocks. At the Multi Commodity Exchange, cardamom prices for delivery in August declined by Rs 10.20, or 1.32 per cent, to Rs 758 per kg, with a business turnover of 1,100 lots. Likewise, the spice prices for delivery in September declined by Rs 8, or 1 per cent, to Rs 788.20 per kg, with a trading volume of 108 lots. Market analysts said besides profit-booking, subdued demand in the spot markets against adequate stocks position also kept pressure on cardamom prices at futures trade.
Potato futures prices today fell by 2.25 per cent to Rs 646.30 per quintal on profit booking by traders due to lower domestic demand. Besides, increased supplies in the physical market from producing regions too dampened sentiments. At the Multi Commodity Exchange, potato prices for September delivery fell by Rs 14.90, or 2.25 per cent, to Rs 646.30 per quintal, with a business volume of 64 lots. The commodity for delivery in August slipped by Rs 13.80, or 1.93 per cent, to Rs 700 per quintal, with a trading volume of 93 lots.
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