EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 22 MARCH 2017

Cardamom trading range for the day is 1330.3-1420.3. Cardamom dropped amid subdued physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions too fuelled the downtrend. Arrivals last week stood at 295 tonnes as against 390 tonnes the previous week. Cardamom prices in spot market gained by 25.90 rupees and settled at 1455.00 rupees.

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