Spices are expected to trade on under presser from the arrival of new crops. AT The Multi Commodity Exchange (MCX) Cardamom April contract Surge 0.97 per cent on Thursday due to the adequate stocks availability in the physical market.
on account of higher supply from the producing belts of Chandausi in Uttar Pradesh.
Total arrivals during the current crop season amounted to 15071 tonnes compared to 16324 tonnes during the same period last year. the Reason behind it Uncertainty prevailing in the auction market has kept the buyers away and Sluggish demand and ample stocks are pressurizing Cardamom prices.
Mcx Cardamom Tps Today: Mcx Cardamom sideway to bullish in trend supported at 928.60-910.8 with safe site resistance at 952-962.
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