Friday, March 24, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 24 March 2017

  • Cardamom trading range for the day is 1362.4-1403.8. 
  • Cardamom dropped amid subdued physical demand for cardamom in the domestic spot market. 
  • Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions too fuelled the downtrend. 
  • Arrivals last week stood at 295 tonnes as against 390 tonnes the previous week. 
  • Cardamom prices in spot market dropped by 8.60 rupees and settled at 1433.60 rupees.
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