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Thursday, April 13, 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 13 April 2017


  • Cardamom trading range for the day is 1255-1291.8.
  • Cardamom prices gained on short covering tracking firmness in spot demand after prices dropped amid reports of higher supplies of imported variety.
  • However prices were further unlikely to improve in the coming week due to accumulation of imported stocks.India exported 3,000 ton cardamom during Apr-Dec down from 3,825 on a year ago, data from Spices Board showed.Cardamom prices in spot market dropped by 6.90 rupees and settled at 1373.20 rupees.

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