EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 25 JULY 2016

Cardamom trading range for the day is 917.3-961.1. Cardamom gained as restricted arrivals from producing belts supported the uptrend. Now arrivals are likely to peak only after July as against the normal period of June, due to drought-like conditions in the first quarter of 2016. The crop damaged due to intense drought is limited, as plants have not been damaged much, but the yield is likely to go down substantially. Cardamom prices in spot market gained by 3.80 rupees and settled at 896.30 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co