Tuesday, February 07, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 7 FEBRUARY 2017

Cardamom trading range for the day is 1475.3-1585.5. Cardamom prices dropped on late profit booking after prices gained on good buying support amid a squeeze in supplies.  Arrivals last week dropped to 338 tonnes from 411 tonnes the week before.  Exports of small cardamom during April-September 2016 have dropped by 20 per cent in volume. Cardamom prices in spot market gained by 5.50 rupees and settled at 1479.60 rupees. 
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