Cardamom On MCX Settled Down By -1.39% At 1464.2



Cardamom on MCX settled down by -1.39% at 1464.2 on profit booking after prices gained recently on good buying support amid a squeeze in supplies. As nearly 90 per cent of the harvesting is said to be over, the arrivals were showing shrinkage. Looking at the upsurge in prices, those who are holding the material may release it this week. If they released their produce in a regulated manner, then it would not make any negative impact on the prices. Exporters have slowed down following the sharp rise in the prices which remained above Rs. 1,300 a kg last week.

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