Cardamom on MCX settled down by -3.97% at 974.2 amid reports of favorable weather conditions and poor demand from stockists. Most of the producing centres of Kerala received good rains during the month and more rains are expected in coming days. All this will be beneficial for next year's crop also.

Trading Ideas:

* Cardamom trading range for the day is 948.1-1026.1.

* Cardamom prices dropped amid reports of favorable weather conditions and poor demand from stockists.

* Most of the producing centres of Kerala received good rains during the month and more rains are expected in coming days.

* India exported 1,220 ton cardamom during Apr-Jun 2017-18 up from 1,108 ton a year ago.

* Cardamom prices in spot market dropped by 3.30 rupees and settled at 1041.70 rupees.

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