EPIC RESEARCH MCX CARDAMOM UPDATE OF 20 June 2018

Cardamom trading range for the day is 959.7-1029.9.

Cardamom prices gained tracking firmness in spot demand after prevailing weather conditions in the producing centres of Kerala are favourable.

An anticipated delay in commencement of new crop supplies also supporting the prices.

Earlier, there were reports that excessive rains in some part of Idduki district of Kerala hit the cardamom plants.

Cardamom prices in spot market gained by 8.50 rupees and settled at 1011.00 rupees. -

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