Tuesday, 13 June 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 13 JUNE 2017

Cardamom trading range for the day is 920.2-1003.Cardamom prices ended with losses on late profit booking after prices gained following a decline in arrivals.The current spell of rains in Kerala and Tamil Nadu brightened the crop prospects for the next year.Monsoon arrived in Kerala before time and covered the entire state-largest cardamom producer.Cardamom prices in spot market dropped by 3.90 rupees and settled at 1157.20 rupees.

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