Friday 29 September 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 29 SEPTEMBER 2017

Cardamom trading range for the day is 1064.4-1104.4. Cardamom prices ended with losses on good rainfall amid subdued demand. Idukki district in Kerala is expected to have widespread rainfall until now which has kept prices under pressure. Meanwhile, demand for cardamom is sluggish due to higher prices in the physical market which has also weighed on prices. Cardamom prices in spot market dropped by 40.60 rupees and settled at 1126.10 rupees.

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