Cardamom futures were trading with mild losses during noon trade in the domestic market on Tuesday as investors and speculators were cautious over booking fresh positions in the agri-commodity amid weak physical demand for cardamom in the domestic spot market.
Further, abundant supplies amid higher physical arrivals from the major cardamom producing belts in the country also exerted downward pressure on domestic cardamom prices.
At MCX, Cardamom futures for August 2016 contract is trading at Rs 934.60 per kg, down by 0.09 per cent, after opening at Rs 937, against a previous close of Rs 935.40. It touched the intra-day low of Rs 933.2(at 13:39 PM).
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