Tuesday, September 25, 2018

EPIC RESEARCH NCDEX UPDATE OF REF CARDAMOM 25 SEPTEMBER 2018


  • Cardamom trading range for the day is 1397.8-1474.2.
  • Cardamom prices gained because of heavy loses to crop due to recent floods and good export hopes after the steep fall in rupee.
  • Despite last year’s record exports, exports in the current year are likely to be affected due to strict measures by Saudi Arabia due to pesticide issue.
  • Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.
  • Cardamom prices in spot market gained by 17.40 rupees and settled at 1371.40 rupees.


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