Cardamom on MCX settled down -1.44% at 1102.7 on profit booking after prices gained on lower supply amid strong export demand. Cardamom supplies decreased at the Bodi auction centre which resumed auctions after festival holidays. Supplies were at 92 tons, down by 29 tons compared to last trade.

Trading Ideas:

* Cardamom trading range for the day is 1081.5-1126.1.

* Cardamom dropped on profit booking after prices gained on lower supply amid strong export demand.

* Demand for cardamom from other countries is expected to be strong for the new Indian cardamom as Guatemala is supplying old crop to the global market.

* Cardamom supplies decreased at the Bodi auction centre which resumed auctions after festival holidays.

* Cardamom prices in spot market gained by 12.00 rupees and settled at 1141.70 rupees.

For Daily Share Market Tips Click Here>>Bullions Tips.