EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 29 MARCH 2016

Cardamom trading range for the day is 723.3-750.3.
Cardamom prices ended with gains on account of good buying support from both exporters and upcountry buyers.
Arrivals remained week in the auction centres cardamom prices sought lower levels due to poor quality due to last spell of picking.
Cardamom output is estimated over 30,000 tons as against earlier projection of 22,000 tons.
Cardamom prices in spot market gained by 10.40 rupees and settled at 713.30 rupees.

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