Friday, June 23, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 23 JUNE 2017


  • Cardamom trading range for the day is 1036.4-1082.2.
  • Cardamom prices ended with gains on account of good buying support from both exporters and upcountry buyers.
  • Heavy rain may affect production of cardamom crop, which is ready to harvest, in the second half of June.
  • Prices started to drop as favourable weather conditions increased the chances of a bumper cardamom crop for the 2017-18 season.
  • Cardamom prices in spot market dropped by 0.30 rupees and settled at 1160.80 rupees. 

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