EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 06 NOVEMBER 2017

Cardamom trading range for the day is 915-953. Cardamom gained on short covering as new season arrivals have been limited in the cardamom growing regions of Kerala. Good demand for the domestic market as well as for exports are driving the prices higher. A third round of harvest may be possible which could extend the current arrivals till December. Cardamom prices in spot market gained by 2.50 rupees and settled at 992.50 rupees.

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