Thursday, 22 February 2018

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 22 FEBRUARY 2018

Cardamom trading range for the day is 1134.6-1176.6.Cardamom dropped on profit booking after prices gained amid falling supplies due to fag-end of the season amid scattered demand from exporters.Lack of winter rains may support the firm trend as it may delay the new crop supplies.New crop supplies of cardamom may supply only in June this year while weak rains in January may impact yield.Cardamom prices in spot market gained by 4.00 rupees and settled at 1106.50 rupees.

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