EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 15 SEPTEMBER 2017

Cardamom trading range for the day is 1213.5-1289.3. Cardamom prices ended with losses on profit booking after prices gained on lower supply amid strong demand.There is supply concern in the market due to lower carryover stocks. In 2017-18 crop year, earlier expected production around 26,000-28,000 MT.Cardamom prices in spot market gained by 1.60 rupees and settled at 1250.00 rupees.



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