EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 07 JUNE 2017

Cardamom trading range for the day is 970.2-1030.2. Cardamom prices gained on squeezed supply and uncertainty over the arrival of the new crop at auctions held in Kerala and Tamil Nadu.The new crop is expected to trickle in from June end. The weather conditions in the growing region were favourable with good rains following the onset of the south-west monsoon.Cardamom prices in spot market gained by 17.30 rupees and settled at 1189.00 rupees.

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