EPIC RESEARCH MCX Cardamom UPDATE OF 28 August 2018

Posted by Commodity Updates by Epic Research on 12:14:00 with No comments

Cardamom trading range for the day is 1284.8-1366.4.

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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