Tuesday, 1 January 2019

Cardamom Dropped On Profit Booking After Prices Gained

Cardamom trading range for the day is 1492.6-1535.4.

Cardamom dropped on profit booking after prices gained due to heavy losses to crop due to recent floods and good export hopes.

Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago.

Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.

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