Tuesday, November 13, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 13 NOVEMBER 2018


  • Cardamom trading range for the day is 1443.9-1471.9.
  • Cardamom dropped tracking weakness in spot demand amid profit booking after prices gained due to heavy losses to crop due heavy losses to crop
  • 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 0.20 rupees and settled at 1347.30 rupees. 

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