Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as speculators trimmed their positions in the agri-commodity amid a decline in physical demand for cardamom in the domestic spot market. Further, sufficient supplies amid higher physical arrivals from the major cardamom producing belts in the country too exerted downward pressure on domestic cardamom prices.
At the MCX, Cardamom futures for August 2016 contract is trading at Rs 953 per kg, down by 0.32 per cent, after opening at Rs 953, against a previous close of Rs 956.10. It touched the intra-day low of Rs 948.20.
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