EPIC RESEARCH MCX Cardamom UPDATE OF 31 July 2018

Cardamom trading range for the day is 1101.7-1145.7.

* Cardamom dropped on profit booking after 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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