Tuesday 12 September 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 12 SEPTEMBER 2017

Cardamom trading range for the day is 1177.7-1234.7.Cardamom ended with gains due to good demand from stockists for the ensuing festival season amid weak supplies.Arrivals are still lower than last year though second picking has started.Prices may recover tracking supply side concerns amid good demand and expectations of good export demand may support uptrend.Cardamom prices in spot market dropped by 8.60 rupees and settled at 1233.90 rupees.

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