EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 19 MAY 2015

Cardamom prices rose by 0.73 per cent to Rs 811.20 per kg in futures trade today as speculators created fresh positions, supported by rising demand in spot markets. Further, restricted arrivals in the physical markets from producing regions supported the uptrend in cardamom futures. At MCX, Cardamom futures for June 2015 contract were trading at Rs. 811.20 per kg, up by 0.73 per cent, after opening at Rs. 800.40 against the previous closing price of Rs. 805.30. It touched the intra-day high of Rs. 81610 till the trading. (At 10.45 AM today). Traders said rising export as well as spot demand and restricted supplies from producing regions mainly led to an upsurge in cardamom futures prices. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala. For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co