Friday, 11 May 2018

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 11 MAY 2018

Cardamom trading range for the day is 901.3-929.3.

* 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 13.00 rupees and settled at 962.00 rupees.
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