EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 21 April 2017

Cardamom trading range for the day is 1148.2-1202. Cardamom settled flat as prices pared gains which seen earlier taking positive cues from spot market on rising demand. The production and export of cardamom, has been increasing over the past three years. Despite competition from Guatemala, the largest producer of cardamom, there are good days for cardamom sector in the country Cardamom prices in spot market dropped by 36.00 rupees and settled at 1234.00 rupees.

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