EPIC RESEARCH MCX CARDAMOM UPDATE OF 29 June 2018

Cardamom trading range for the day is 952.8-1033.6.

Cardamom prices gained on short covering after prices dropped on reports of bumper output on the back of favourable weather.

There has been raining in the producing centres of Kerala and present weather is conducive to the coming crop.

Producing centres of Kerala are getting good rains and monsoon is also expected to hit Kerala coast three days before schedule.

Cardamom prices in spot market dropped by 3.50 rupees and settled at 1004.50 rupees.


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