Cardamom futures slip 0.84 per cent on profit-booking

Cardamom prices slipped by 0.84 per cent to Rs 824.10 per kg in futures trading today as speculators booked profits at prevailing levels, driven by a fall in demand in the spot market.

Further, adequate stocks position in the physical market on increased arrivals from producing belts also put pressure on the cardamom.

At the Multi Commodity Exchange, cardamom for delivery in August declined by Rs 7, or 0.84 per cent, to Rs 824.10 per kg in business turnover of 303 lots.

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