EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 28 FEBRUARY 2018
Cardamom trading range for the day is 1080.2-1114.2. Cardamom gained tracking fimness in spot demand despite of reports of rains in some the producing areas are likely to benefit plants. Further sustained demand from exporters due to good export orders also supported prices. 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 gained by 2.20 rupees and settled at 1091.40 rupees.