Agri Commodity Tips: Cardamom prices fell by 0.10% on Wednesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the real market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for August agreement were trading at Rs. 788 per kg, down by 0.10%, after opening at Rs. 782.80 against the previous closing price of Rs. 788.80. It touched the intraday low of Rs. 782.80 till the trading. (At 10.45 AM today). Sentiment weakened further as the investor booked profits at the prevailing levels in the midst of a subdued demand for the commodity. Kerala (70%), Karnataka (20%) and Tamil Nadu (10%) are the cardamom growing states in India while about 90% of the produce is consumed within the nation. The valuable markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.
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