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Tuesday, January 31, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 31 JANUARY 2017

Cardamom trading range for the day is 1398-1493.2. Cardamom prices ended with losses tracking weakness in spot demand on profit booking. Exports of small cardamom during April-September 2016 have dropped by 20 per cent in volume and 22 per cent in value realization. The total output during the current season might come to around 40 per cent of the previous crop. Cardamom prices in spot market dropped by 11.70 rupees and settled at 1440.40 rupees. 

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