EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 10 MAY 2017

Cardamom trading range for the day is 1030.2-1056.2. Cardamom dropped on profit booking after prices gained on hopes of fresh export deals amid shrinking inflow due to fag end of the season . Arrival have been dwindling auction centres in producing states. India exported 3,000 ton cardamom during Apr-Dec down from 3,825 ton a year ago, data from Spices Board showed. Cardamom prices in spot market gained by 25.40 rupees and settled at 1299.40 rupees.

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