8/24/2018 12:33:00 PM
- Cardamom trading range for the day is 1296.1-1360.1.
- 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.
- Cardamom prices in spot market dropped by 12.00 rupees and settled at 1278.00 rupees.
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