EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 06 FEBRUARY 2018

Cardamom trading range for the day is 1144.3-1196.1. Cardamom dropped on profit booking after prices gained as arrivals are likely to fall due to fag-end of the season.Poor stocks in upcountry centres and uncertainty about the crop in Guatemala also supporting prices. As of now, fourth picking is going on and no more picking is expected due to unfavourable weather. Cardamom prices in spot market dropped by 9.90 rupees and settled at 1101.50 rupees.

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