EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 09 JUNE 2017

Cardamom trading range for the day is 952.4-1010.2. Cardamom prices ended with gains following a decline in arrivals and a sluggish start to the monsoon in Idukki district of Kerala. New crop arrivals are expected to be delayed as against earlier expectations early arrival to the market. Arrivals to the auctions declined by half to about 40 tonnes daily at the fag end of the season. Cardamom prices in spot market dropped by 8.60 rupees and settled at 1177.80 rupees.



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