EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 04 JULY 2017

Cardamom trading range for the day is 961-987. Cardamom prices ended with gains on account of good buying support from both exporters and upcountry buyers. Arrivals of the new cardamom crop from Idukki and Munnar in Kerala have begun in significant quantity almost a month earlier than normal. Arrivals of the new crop have started and more than 50% of the produce at auctions is from the fresh supply. Cardamom prices in spot market gained by 8.70 rupees and settled at 1145.70 rupees.



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