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  • Thursday 7 August 2014

    Pinnacle Commodity -

    Cardamom :

    MCX cardamom prices in July fell 2.79 percent. In the spot market, 3.80 percent in July, red pepper, turmeric and cumin 1.40 per cent to 2.35 per cent witnessed. According to experts in the coming months is likely to pick up strongly in packed spices.

    Turmeric :

    September Turmeric futures may reach 7300 per quintal. In the coming days, with the prospect of declining wholesale buyer can purchase turmeric is large. Weak monsoon sowing this year is lower than last year whose impact on the output can see. Also last season due to lower prices at the farmers have sown.

    Cumin :

    September futures at Rs 12,000 per quintal seeds by the end of the year the business might show up. In fact, demand is likely to grow from Syria and Turkey. Tiki on Kharif crop is eyeing the market.


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