EPIC RESEARCH MCX CARDAMOM UPDATE OF 11 July 2018

Cardamom trading range for the day is 981.4-1059.4.

Cardamom dropped on profit booking after prices gained on reports that recent rains have damaged the plants and output may be lower.

Stockists did not make buying on hopes of higher output and early commencement of new crop supplies.

Rains have also impacted the new crops and supplies from the fresh crop would get momentum by the third week of this month.

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