Wednesday, August 09, 2017

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 9 AUGUST 2017


  • Cardamom trading range for the day is 1067.5-1121.3.
  • Cardamom prices gained tracking firmness in spot demand despite of incessant rain in Kerala’s cardamom growing region for three days.
  • The emergence of favourable weather conditions, of late, has resulted in a slightly bearish sentiment in the markets.
  • Arrivals during the first week of the season stood at around 434 tonnes as against 391 tonnes in the last week of the previous season.
  • Cardamom prices in spot market gained by 8.30 rupees and settled at 1190.00 rupees.
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