EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 09 FEBRUARY 2016

Cardamom prices ended with losses due to subdued demand for the commodity at the spot market.
Commencement of new crop supplies in Guatemala has impacted demand from Indian cardamom in the gulf markets.
Meanwhile, upcountry buyers were slow as they said the markets in north Indian states are claimed to be holding good stocks of earlier purchases.
Cardamom prices in spot market dropped by 11.00 rupees and settled at 740.00 rupees.


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