MCX Agri Cardamom futures are expected to trade in range bound Today

Cardamom futures are expected to trade in range bound levels due to recent rainfall in Idukki district has been supportive for the crop that may weigh down the Cardamom futures prices. Further, buying at the spot market has slow downed a bit due to higher prices and this may weigh the cardamom futures prices down. However, fall is expected to be limited on overall bullishness in the market.

Expectations of Good Export demand for the Indian cardamom due to new crop as compared to old crop of Guatemala may support prices to trade higher.

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