Tuesday, July 25, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 25 JULY 2017


  • Cardamom trading range for the day is 1080.8-1140.
  • Cardamom prices gained on good demand from local traders and exporters amid weak supplies and tight stocks.
  • New crop arrivals have yet to get momentum, though output is estimated to be around 24,000 ton.
  • Reports of deficit monsoon in Kerala despite recent wet spell also provided support to prices.
  • Cardamom prices in spot market dropped by 4.20 rupees and settled at 1164.60 rupees.

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