Friday 30 September 2016

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 30 Sep 2016

Cardamom trading range for the day is 1104.7-1151.5. Cardamom prices gained amid a rise in physical demand in the domestic spot market. Prices also seen supported on fears of fall in output and hopes of good demand for the coming festive season while stocks are tight. Delayed arrivals and lower stocks coupled with good export demand from West Asia also supporting prices. Cardamom prices in spot market dropped by 0.40 rupees and settled at 117.30 rupees.         
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