Cardamom futures dip 2.56% on profit taking

At the Multi Commodity Exchange counter,cardamom for April-month delivery tumbled by Rs 41,or 2.56 per cent,to Rs 1,575 per kg,with a business turnover of just one lot.

Similarly,the spice for delivery in January dipped by Rs 31.70,or 2.07 per cent,to Rs 1,525.10 per kg,with an open interest of four lots.

Market analysts said profit booking by speculators and fall in demand at existing higher levels pulled down cardamom prices at futures trade.