Friday 22 December 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 22 DECEMBER 2017

Cardamom trading range for the day is 1051.9-1090.1. Cardamom gained as new season arrivals have been limited affected by the dry weather in the cardamom growing regions of Kerala. However there are reports that recent rains in Kerala have improved the crop prospects for the current as well as for the next year. There also reports that new arrivals would soon pick up in Guatemala- the other producing country. Cardamom prices in spot market dropped by 7.50 rupees and settled at 1020.00 rupees.

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