EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 31 JANUARY 2018

Cardamom trading range for the day is 1165.2-1183.2.Cardamom prices gained tracking firmness in domestic as well as exporters buying is seen strong. Anticipations of fall in output due to lean period may lend support to prices. As of now, fourth picking is going on and if weather continues to be favourable there may be two more pickings. Cardamom prices in spot market gained by 7.10 rupees and settled at 1074.40 rupees.

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