EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 29 OCTOBER 2018

• Cardamom trading range for the day is 1421.5-1423.5.
  
• Cardamom prices rose amid heavy loses to crop due to recent floods and good export hopes.
• Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago.
• 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 23.60 rupees and settled at 1344.60 rupees.
• SELL CARDAMOM NOV 2018 @ 1425.00 SL 1450.00 TGT 1400.00-1380.00.MCX

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