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Wednesday, May 24, 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 24 May 2017


  • Cardamom trading range for the day is 967-1015.
  • Cardamom dropped as prices remained under pressure due to favourable weather conditions in the main producing state-Kerala.
  • In the current weather conditions, there is expectation of higher output than this year.
  • Hopes of early commencement of new crop produce also discouraged stockists to enter into fresh new deals.
  • Cardamom prices in spot market dropped by 14.30 rupees and settled at 1160.00 rupees.

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