Monday 22 January 2018

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 22 JANUARY 2018

Cardamom trading range for the day is 1123.8-1156.4.Cardamom dropped amid higher arrivals at auctions held in Kerala and Tamil Nadu. Anticipation of a comparatively good crop due to favourable weather conditions coupled with a likely decline in the prices has slowed buying. Total arrivals increased last week to 814 tonnes from 789 tonnes the previous week. Cardamom prices in spot market dropped by 16.30 rupees and settled at 1047.00 rupees.



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