Thursday, August 09, 2018

EPIC RESEARCH NCDEX UPDATE OF REF CARDAMOM 9 AUGUST 2018


  • Cardamom trading range for the day is 1086.1-1098.1.
  • Cardamom prices dropped as new crops supplies are likely to increase in the coming days.
  • Rains in the producing centres have delayed the arrivals of new crop supplies but now they may increase.
  • Adverse weather hit the plants in the main producing areas of Kerala and there are reports that crop over an area of 1,337.60 hectares damaged in the Iddukki district.
  • Cardamom prices in spot market gained by 5.00 rupees and settled at 1077.50 rupees.

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