Wednesday, July 12, 2017

EPIC RESEARCH NCDEX UPDATE OF Cardamom 12 july 2017


  • Cardamom trading range for the day is 1009-1051.
  • Cardamom prices dropped as pressure seen after new crop supply hit the market.
  • Arrivals of the new cardamom crop from Idukki and Munnar in Kerala have begun in significant quantity almost a month earlier than normal.
  • Good rains in Kerala in Apr-May have pushed the harvest of the new crop early this year.
  • Cardamom prices in spot market gained by 2.50 rupees and settled at 1130.00 rupees.

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