EPIC RESEARCH MCX CARDAMOM UPDATE OF 23 July 2018

Posted by Commodity Updates by Epic Research on 15:58:00 with No comments

Cardamom trading range for the day is 1119.2-1143.2.

* Cardamom dropped on profit booking after prices gained as there are fears of damage to standing crops and delay in new crop supplies.

* 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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