EPIC RESEARCH MCX Cardamom UPDATE OF 7 August 2018
Posted by Commodity Updates by Epic Research on 11:28:00 with No comments
Cardamom trading range for the day is 1082.4-1122.
* 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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