Cardamom futures plunge 2.51% on profit-booking
Increased arrivals from producing regions also put pressure on cardamom futures.
At the Multi Commodity Exchange, cardamom for delivery in November plunged by Rs 20, or 2.51 per cent, to Rs 775.50 per kg, with a business turnover of 187 lots.
Similarly, the spice for delivery in December lost Rs 16.20, or 1.88 per cent, to Rs 861.20 per kg, with a business turnover of 965 lots.
Marketmen said besides profit-booking at prevailing higher levels, fall in demand in the spot market mainly pulled down cardamom prices at futures market.
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