Thursday 13 July 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 13 JULY 2017

Cardamom trading range for the day is 974.9-1048.1. Cardamom prices dropped as pressure seen after new crop supply hit the market. The weather conditions were favourable with intermittent south west monsoon showers in the growing regions. Total arrivals during the current season up to July 7, 2017 were at 19,396 tonnes and the sales were at 18,452 tonnes. Cardamom prices in spot market gained by 15.80 rupees and settled at 1145.80 rupees.

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