Tuesday, August 08, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 8 AUGUST 2017


  • Cardamom trading range for the day is 1075.3-1115.1. 
  • Cardamom dropped on profit booking after prices gained amid lower than expected output due to weak rains in Kerala and Tamil Nadu.
  • Arrivals are below expectation and whatever quantity is coming to market is absorbed.
  • Second round of picking activities has commenced but supplies are lower.
  • Cardamom prices in spot market dropped by 12.20 rupees and settled at 1181.70 rupees.

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