9/18/2018 12:53:00 PM
- Cardamom trading range for the day is 1351.7-1411.5.
- Cardamom dropped tracking weakness in spot demand as the arrivals may increase at the spot market due to ongoing picking activities.
- Despite last year’s record exports, exports in the current year are likely to be affected due to strict measures by Saudi Arabia due to pesticide issue.
- Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.
- Cardamom prices in spot market dropped by 23.70 rupees and settled at 1346.30 rupees.
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