Cardamom Gained On Fears Of Fall

Cardamom gained on fears of fall in output and hopes of good demand for the coming festive season while stocks are tight. Cardamom output is likely to fall sharply this year due to adverse weather in all the producing areas of south India. There were almost no rains for nearly 6 months in Kerala, which hit the plantations badly which resulted in fall in output. India exported 1,150 ton cardamom during Apr-Jun up 25% on year.

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