Wednesday, November 21, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 21 NOVEMBER 2018


  • Cardamom trading range for the day is 1465.5-1515.5.
  • Cardamom dropped on profit booking after prices gained due to heavy losses 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 dropped by 14.50 rupees and settled at 1401.20 rupees.

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