EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 06 JUNE 2017

Cardamom trading range for the day is 945.9-1016.3.Cardamom prices gained following heavy rainfall in Idukki district of Kerala in the last week of May. Heavy rain may affect production of cardamom crop, which is ready to harvest, in the second half of June. India exported 3,000 ton cardamom during Apr-Dec down from 3,825 ton a year ago, data from Spices Board showed. Cardamom prices in spot market gained by 17.80 rupees and settled at 1171.70 rupees.

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