Monday, July 23, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 23 JULY 2018


  • Cardamom trading range for the day is 1119.2-1143.2.
  • Cardamom dropped on profit booking after prices gained as there are fears of damage to standing crops and delay in new crop supplies
  • Stockists did not make buying on hopes of higher output and early commencement of new crop supplies.
  • Rains have also impacted the new crops and supplies from the fresh crop would get momentum by the third week of this month.
  • Cardamom prices in spot market dropped by 0.60 rupees and settled at 1080.00 rupees.

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