Tuesday 31 May 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 31 MAY 2016

Cardamom trading range for the day is 786.3-832.1.
Cardamom prices gained due to paucity of supplies and anticipation of delay in new crop supplies.
Current rains over several growing areas are favourable for the standing crops.
Despite rains, new crop arrivals will be late nearly by two months.
Cardamom prices in spot market gained by 2.40 rupees and settled at 786.70 rupees.
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