agri commodity......cardamom...........mentha oil.......

Cardamom August MCX: Sell at 708-710 TP 690/680SL above 734 Cardamom prices are expected to fall during today’s trading session. According to trade sources, huge carry forward stocks of around 3,500 tonnes are available at the physical markets. This may pressurize prices. Daily new crop arrivals are expected to increase and support the downside in cardamom prices. However, the downside may be limited as heavy rains in Kerala might add moisture to the spice. Mentha oil July MCX: Sell at 900-902 TP 880/870 SL 915 Today mentha oil prices will trade at negative note. As per trade sources arrivals are huge at spot front. However, lacks of export cues from mentha consuming sectors prices are still holding a bearish trend. According to IMD forecast rains could scattered in some part of Uttar Pradesh including mentha growing regions also. Due to this scenario buyers might refrain from buying at spot front and this situation might lead to weigh on prices at futures market too.