Tuesday, February 23, 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 23 FEBRUARY 2016

Cardamom trading range for the day is 660.5-696.3.
Cardamom prices ended with losses owing to slackened demand in the spot market.
Commencement of new crop supplies in Guatemala has reduced the demand of Indian cardamom in the gulf markets.
At Vandanmettu market arrivals were reported at 92743 kgs, higher by 56633 kgs from previous day’s arrivals.
Cardamom prices in spot market dropped by 5.50 rupees and settled at 735.50 rupees.

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