Monday 15 January 2018

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 15 JANUARY 2018

Cardamom trading range for the day is 1081.3-1115.3.Cardamom prices dropped amid higher arrivals at auctions held in Kerala and Tamil Nadu. Total arrivals last week were up at 892 tonnes last week from 707 tonnes the previous week. Depleting inventories in the upcountry markets coupled with buying support from consuming centres could be attributed to the rise in demand. Cardamom prices in spot market gained by 1.00 rupees and settled at 1048.10 rupees.

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