Wednesday, May 03, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 3 May 2017


  • Cardamom trading range for the day is 1002.8-1020.8.
  • Cardamom gained on good demand amid supply squeeze at auctions held in Kerala and Tamil Nadu.
  • At the auction held by the Cardamom Planters Association in Bodinayakannur, total arrival stood at around 6 tonnes, of which 5 tonnes were traded.
  • Farmers who were holding cardamom pushed their produce into the market and that in turn pulled the prices down sharply.
  • Cardamom prices in spot market gained by 7.80 rupees and settled at 1264.40 rupees.

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