EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 21 DECEMBER 2015

Cardamom prices rose by 0.06 per cent on Monday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for January 2015 contract were trading at Rs 716 per kg, up by 0.06 per cent, after opening at Rs. 720 against the previous closing price of Rs. 715.60. It touched the intra-day high of Rs. 720 till the trading.Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co