Friday, 7 October 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 7 Oct 2016

Cardamom trading range for the day is 1110.1-1149.9.
Cardamom prices gained on good buying support amid a squeeze in supplies.
Prices also gained on fears of fall in output and hopes of good demand for the coming festive season.
Small cardamom exports from India are likely to earn as much this fiscal as the last one despite a shortfall in volumes.
Cardamom prices in spot market dropped by 13.80 rupees and settled at 1107.50 rupees.

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