Thursday, 4 October 2018

EPIC RESEARCH NCDEX Cardamom UPDATE OF 04 October 2018

Cardamom trading range for the day is 1330.8-1400.6.

* Cardamom dropped on profit booking after prices gained because of heavy loses to crop due to recent floods and good export hopes.

* 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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