EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 11 JULY 2017

Cardamom trading range for the day is 1016.7-1059.7. Cardamom ended with gains due to tight stocks though new crop supplies are expected to pour in the markets by month end. However, upside seen limited because of better crop prospects due to favourable weather in the producing centres of Kerala. New supplies of cardamom are likely to commence by the end of this month. Cardamom prices in spot market gained by 1.00 rupees and settled at 1127.50 rupees.



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