EPIC RESEARCH MCX Cardamom UPDATE OF 16 August 2018

Cardamom trading range for the day is 1204.5-1290.1.

* Cardamom 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.

* Heavy monsoon rainfall that has caused damage to plantation thereby resulting in crop loss and downward revision of earlier made higher crop estimates.

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