EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 28 JUNE 2017

Cardamom trading range for the day is 1019-1044.8. Cardamom prices dropped amid favorable weather conditions and hopes of early commencement of new crop supplies from Kerala. Though export demand is over, local buying is there as stocks in consuming markets have exhausted.Arrivals stood at 281 tonnes last week, against 295 tonnes the previous week. Cardamom prices in spot market dropped by 2.50 rupees and settled at 1145.00 rupees.

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