EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 03 JULY 2017

Cardamom trading range for the day is 920.1-984.1. Cardamom prices ended with gains on account of good buying support from both exporters and upcountry buyers. A delay in the arrival of new crop arrivals, contrary to expectations, has triggered a bullish sentiment in the small cardamom markets. Total arrivals during the current season up to June 24 were at 19,035 tonnes and sales were at 18,102 tonnes. Cardamom prices in spot market gained by 9.80 rupees and settled at 1137.00 rupees.

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