Friday, February 09, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 9 FEBRUARY 2018


  • Cardamom trading range for the day is 1135.8-1163.8.
  • Cardamom prices dropped as higher arrivals at auctions held in Kerala and Tamil Nadu weighed on prices.
  • However, downside seen limited as Guatemala crop is reported to be lower in the current year that is good for Indian cardamom exports.
  • As of now, fourth picking is going on and no more picking is expected due to unfavourable weather.
  • Cardamom prices in spot market dropped by 1.70 rupees and settled at 1114.20 rupees.


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