Thursday, 22 June 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 22 JUNE 2017

Cardamom trading range for the day is 1022.1-1083.7.Cardamom gains on short covering after prices dropped because of reports of favourable weather conditionGood monsoon showers in cardamom growing regions have boosted the expectations of higher crop in the upcoming season.
Exports of small cardamom showed a sharp decline in volume in 2016-17 with a marginal dip in terms of value realization.Cardamom prices in spot market gained by 3.60 rupees and settled at 1161.10 rupees.

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