Thursday, 15 June 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 15 JUNE 2017

Cardamom trading range for the day is 945.1-981.1. Cardamom prices ended with gains following a decline in arrivals and a sluggish start to the monsoon in Idukki district of Kerala.However, cardamom demand has fallen to a trickle with traders not keen on stocking the commodity in fear of the transition to GST.The traders are taking a wait and watch attitude as they are not clear about the stocks during the transition period. Cardamom prices in spot market gained by 11.10 rupees and settled at 1161.90 rupees.



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