Monday 14 May 2018

EPIC RESEARCH NCDEX CARDAMOM OF 14 MAY 2018

Cardamom trading range for the day is 908.6-910.6.

Cardamom prices dropped due to lack of support in the wake of reports of favourable weather conditions in the producing centres of Kerala.

The current weather will not only help the growth of plants but arrivals of new crop may also start early.

New crop season starts from August but if weather is favourable than new produce supplies commence by June end.

Cardamom prices in spot market dropped by 1.00 rupees and settled at 961.00 rupees.
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