Monday, August 13, 2018

EPIC RESEARCH NCDEX UPDATE OF REF CARDAMOM 13 AUGUST 2018


  • Cardamom trading range for the day is 1123.8-1190.4.
  • Cardamom 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.
  • Heavy monsoon rainfall that has caused damage to plantation thereby resulting in crop loss and downward revision of earlier made higher crop estimates.
  • Cardamom prices in spot market gained by 24.80 rupees and settled at 1097.00 rupees.

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