Friday, 8 September 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 08 SEPTEMBER 2017

Cardamom trading range for the day is 1178.1-1206.1. Cardamom prices gained on good domestic demand amid thin arrivals at auctions held in Kerala and Tamil Nadu.The quality of the material arriving was, however, not at expected levels.Cardamom second picking activity is going on in Kerala. In 2017-18 crop year, earlier expected production around 26,000-28,000 MT.Cardamom prices in spot market dropped by 4.20 rupees and settled at 1214.40 rupees.

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