Cardamom On MCX Settled Up By 0.2% At 833.9

Cardamom on MCX settled up by 0.2% at 833.9 on higher export demand due to the Ramadan festival and firm physical demand in the domestic spot market. Though, some gains were capped on more than adequate supplies amidst higher arrivals from the major cardamom producing regions. At Vandanmettu market sources reported arrivals at 50795 kgs, down by 3256 kgs from previous day’s arrivals. Arrivals were at moderately higher levels but the upcountry buyers have slowed down.

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