Friday 21 September 2018

EPIC RESEARCH NCDEX Cardamom UPDATE OF 21 September 2018


Cardamom trading range for the day is 1378.7-1446.7.

Cardamom settled up because of heavy loses to crop due to recent floods and good export hopes after the steep fall in rupee.

Despite last year’s record exports, exports in the current year are likely to be affected due to strict measures by Saudi Arabia due to pesticide issue.

Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.


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