Thursday, 15 February 2018

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 15 FEBRUARY 2018

Cardamom trading range for the day is 1114.3-1176.5. Cardamom dropped on profit booking after prices gained as demand is there amid falling supplies due to fag-end of the season. New crop supplies of cardamom may start only in June this year while weak rains may impact yield. India exported 2,230 ton cardamom during Apr-Sept 2017-18 up from 1,624 ton a year ago- showing a significant increase of 37%.Cardamom prices in spot market dropped by 11.80 rupees and settled at 1102.10 rupees.

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