Friday, March 14, 2014

Cardamom futures may trade with a bearish bias

Cardamom futures (Apr) is expected to trade with a bearish bias & remain below 840 levels. It is reported that now Cardamom growers could sell their produce directly to dealers or through eauctions conducted by auctioneers licensed by the Spices board India. 



The board has clarified that Cardamom producers can sell their produce directly to dealers. The earlier practice of depending on e-auctions as the primary channel for the Cardamom trade. 

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