Cardamom futures were trading lower during the afternoon trade in the domestic market on Tuesday as traders trimmed their positions due to decline in demand in the spot market.
Besides, adequate stock position following increased arrivals from producing regions also fuelled the downtrend.
Further, offloading of positions by participants owing to a weak trend at spot market on subdued demand mainly put pressure on cardamom prices.
At the MCX, Cardamom futures for July 2016 contract is trading at Rs 871.20 per kg, down by 2.32 per cent, after opening at Rs 896, against a previous close of Rs 891.90. It touched the intra-day low of Rs 865.20 (At 13:38 hours).
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