Friday, April 13, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 13 APRIL 2018


  • Cardamom trading range for the day is 998-1029.8.
  • Cardamom gains on short covering tracking firmness in spot demand on account of firm demand from exporters.
  • There were reports of favorable weather conditions in producing centers of Kerala, which will also be beneficial for the next year's crop.
  • India exported 2,230 ton cardamom during Apr-Sept 2017-18 up from 1,624 ton a year ago, showing a significant increase of 37%.
  • Cardamom prices in spot market dropped by 14.20 rupees and settled at 1050.80 rupees.

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