Wednesday, February 17, 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 17 FEBRUARY 2016

Cardamom trading range for the day is 693-734.2.
Cardamom prices eased as demand eased from retailers and stockists.
However downside seen limited due to decline in arrivals at the auctions held in Kerala and Tamil Nadu.
Exporters continued to stay active and have bought somewhere between 80 and 100 tonnes last week.
Cardamom prices in spot market dropped by 1.20 rupees and settled at 741.70 rupees.

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