Cardamom futures trade lower on profit booking

Cardamom futures traded lower on MCX as speculators booked profits at prevailing higher levels due to sluggish demand in the spot market. Further, ample stocks availability in the physical market on higher supplies from the major producing regions too influenced the commodity prices. The contract for May delivery was trading at Rs 982.40/Kg, down by 0.52% or Rs 5.10 from its previous closing of Rs 987.50/Kg. The open interest of the contract stood at 2189 lots. The contract for June delivery was trading at Rs 1012.60/Kg, down by 0.42% or Rs 4.30 from its previous closing of Rs 1016.90/Kg. The open interest of the contract stood at 1795 lots on MCX.