Wednesday, August 16, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 16 AUGUST 2017


  • Cardamom trading range for the day is 1144.6-1187.6.
  • Cardamom gained on speculative support amid reports of weak rains in the main producing centres of Kerala-the major producing state.
  • Arrivals in auction centres have improved but still insufficient to meet the domestic and export demand.
  • Apart from domestic, export demand is also good as exporters have orders with them.
  • Cardamom prices in spot market gained by 6.80 rupees and settled at 1203.30 rupees.

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