Cardamom Trading Range For The Day Is 1067.5-1121.3 - Today News>> Nifty Future Tips

Cardamom on MCX settled up by 0.42% at 1100 tracking firmness in spot demand despite of incessant rain in Kerala’s cardamom growing region for three days. The emergence of favourable weather conditions, of late, has resulted in a slightly bearish sentiment in the markets. The Cardamom Planters’ Association, Santhanpara, which had suspended its auctions for over a month.

Trading Ideas:

* Cardamom trading range for the day is 1067.5-1121.3.

* Cardamom prices gained tracking firmness in spot demand despite of incessant rain in Kerala’s cardamom growing region for three days.

* The emergence of favourable weather conditions, of late, has resulted in a slightly bearish sentiment in the markets.

* Arrivals during the first week of the season stood at around 434 tonnes as against 391 tonnes in the last week of the previous season.

* Cardamom prices in spot market gained by 8.30 rupees and settled at 1190.00 rupees.

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