EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 24 MAY 2017

Cardamom trading range for the day is 967-1015.Cardamom dropped as prices remained under pressure due to favourable weather conditions in the main producing state-Kerala. In the current weather conditions, there is expectation of higher output than this year.Hopes of early commencement of new crop produce also discouraged stockists to enter into fresh new deals. Cardamom prices in spot market dropped by 14.30 rupees and settled at 1160.00 rupees.



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