EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 18 JULY 2017

Cardamom trading range for the day is 1008.5-1075.5.Cardamom prices gained due to restricted supplies and good local as well as export buying. Stocks in Delhi market is estimated around 2,500 bags of 50 kilogram each. India exported 3,850 ton cardamom during 2016-17 down 30% on year due to high prices. Cardamom prices in spot market gained by 15.50 rupees and settled at 1163.60 rupees.

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