Tuesday, 10 January 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 10 JANUARY 2017

Cardamom trading range for the day is 1452.6-1510.4. Cardamom prices ended with losses tracking weakness in spot demand amid profit booking. However upside seen limited due to restricted supplies, exporters demand and weather woes in producing centres. Exporters are still in the market hoping good export business due to prevailing high prices in global markets and lower supplies. Cardamom prices in spot market gained by 23.40 rupees and settled at 1431.50 rupees.

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