Monday 19 June 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 19 JUNE 2017

Cardamom trading range for the day is 975.8-1058.8. 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 expectations early arrival to the market if monsoon does not perform as forecasted before. Cardamom prices in spot market gained by 5.80 rupees and settled at 1165.60 rupees.

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