Tuesday 27 September 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 27 Sep 2016

Cardamom trading range for the day is 1077.1-1199.1. Cardamom prices dropped amid slackened domestic as well as exports demand in the spot market. However downside seen limited because of hopes of increased buying support amid reports of fall in output. There were almost no rains for nearly 6 months in Kerala and other producing states, which hit the plantations. Cardamom prices in spot market dropped by 1.80 rupees and settled at 1117.10 rupees.
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