Tuesday, October 23, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 23 OCTOBER 2018


  • Cardamom trading range for the day is 1419.4-1453.8.
  • Cardamom settled up amid 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 dropped by 5.80 rupees and settled at 1332.00 rupees.


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