EPIC RESEARCH MCX Cardamom UPDATE OF 8 August 2018

Posted by Commodity Updates by Epic Research on 11:45:00 with No comments

Cardamom trading range for the day is 1088-1104.

* Cardamom prices dropped as new crops supplies are likely to increase in the coming days.

* Rains in the producing centres have delayed the arrivals of new crop supplies but now they may increase.

* Adverse weather hit the plants in the main producing areas of Kerala and there are reports that crop over an area of 1,337.60 hectares damaged in the Iddukki district.

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