Wednesday, May 23, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 23 MAY 2018


  • Cardamom trading range for the day is 902-961.2.
  • Cardamom prices gained on short covering after prices dropped tracking weakness in spot demand weak export demand.
  • Reports of favourable weather conditions in the producing centres prevented stockists to make big purchases.
  • New produce supplies may commence by June end if weather continues to be favourable in the coming months.
  • Cardamom prices in spot market gained by 19.70 rupees and settled at 958.00 rupees.

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