Friday, 16 June 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 16 JUNE 2017

Cardamom trading range for the day is 956.8-1009.6. Cardamom prices ended with gains tracking good buying activities in the market. Further, monsoon so far is good; however is lower than the normal rainfall in cardamom growing regions. New crop arrivals are expected to be delayed as against earlier expectations early arrival to the market if monsoon does not perform as forecasted before. Cardamom prices in spot market dropped by 2.10 rupees and settled at 1159.80 rupees.

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