Wednesday, 23 May 2018

EPIC RESEARCH NCDEX CARDAMOM OF 23 MAY 2018

Cardamom trading range for the day is 902-961.2.

Cardamom prices gained on short covering after prices dropped tracking weakness in spot demand weak export demand.

Reports of favourable weather conditions in the producing centres prevented stockists to make big purchases.

New produce supplies may commence by June end if weather continues to be favourable in the coming months.

Cardamom prices in spot market gained by 19.70 rupees and settled at 958.00 rupees.
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