Tuesday, January 17, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 17 JANUARY 2017

Cardamom trading range for the day is 1494.6-1585.6. Cardamom prices gained due to tight stocks amid sustained demand from exporters. Cardamom prices looks to remain supported tracking expected fall in arrivals and concern over standing crop. Exporters continued to buy cardamom from the markets hoping to get fresh orders due to India's competitive prices in global markets. Cardamom prices in spot market gained by 8.30 rupees and settled at 1450.30 rupees. 

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