Friday, January 11, 2019

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 11 JANUARY 2018


  • Cardamom trading range for the day is 1563.6-1623.4.
  • 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 29.30 rupees and settled at 1414.20 rupees.

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