Thursday 28 July 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 28 JULY 2016

Cardamom trading range for the day is 929.7-944.3. Cardamom prices ended with gains supported by rising demand in the spot market. Further, restricted supplies from producing regions and rising domestic as well as export demand in the spot market also fuelled the uptrend. Last year, cardamom harvest was done twice during the same season, in stark contrast, the crop could not be harvested even once this year. Cardamom prices in spot market gained by 7.50 rupees and settled at 908.10 rupees.
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