Commodity picks: July 23, 2018

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Significant exports so far over previous year have resulted in lower stocks of jeera


Jeera

Jeera is trading at Rs18,675 per quintal in Unjha market. Prices are expected to trade higher towards Rs19,200 per quintal due to declining stocks and persistent export demand. Significant exports so far over previous year have resulted in lower stocks of jeera.

Ripples Advisory


Cardamom

Cardamom prices in Vandanmedu market are hovering at Rs1,080 per kg. Prices are expected to trade higher towards Rs1,120 per kg following reports over crop loss due to excess rainfall. There are reports of fungal infestation to the plants, which is expected to impact the yield.

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