Thursday, March 30, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 30 March 2017

  • Cardamom trading range for the day is 1363.8-1412.8. 
  • Cardamom prices dropped as stockists are on the fence due to tight money market though stock position is tight. 
  • However, warmer weather in the all the producing centres of south India may check price fall. 
  • Poor South West and North East monsoon is likely to impact adversely on the production of cardamom for the coming season as well. 
  • Cardamom prices in spot market gained by 9.10 rupees and settled at 1455.80 rupees.
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