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Monday, April 17, 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 17 April 2017

  • Cardamom trading range for the day is 1236.8-1280.4. 
  • Cardamom 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 10.00 rupees and settled at 1363.20 rupees.
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