Wednesday, February 08, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 8 FEBRUARY 2017

Cardamom trading range for the day is 1485.8-1548.2. Cardamom prices gained tracking firmness in spot demand due to a squeeze in supplies. Arrivals continued to show a declining trend as the harvesting season was almost over. Arrivals last week stood at 396 tonnes (12 auctions) against 331 tonnes (10 auctions) the week before. Cardamom prices in spot market gained by 6.20 rupees and settled at 1485.80 rupees. 
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