Friday, May 05, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 5 May 2017

  • Cardamom trading range for the day is 1018.7-1088.7. 
  • Cardamom prices gained on squeezed supply amid good buying interest at the auctions held in Kerala and Tamil Nadu. 
  • Total arrivals during the season from August 01 up to April 29, 2017 were at 16,300 tonnes and sales stood at 15,477 tonnes. 
  • Demand continued to remain stable with both upcountry dealers and exporters covering albeit not aggressively. 
  • Cardamom prices in spot market gained by 16.50 rupees and settled at 1253.30 rupees.
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