EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 9 AUGUST 2016

Cardamom trading range for the day is 931-978.8.Cardamom prices dropped on profit booking after prices gained amid dwindling stocks and late new crop supplies due to adverse weather. Cardamom output during the current year 2015-16 (Aug-July) is estimated over 30,000 tons as against earlier projection of 22,000 tons.India's 2015-16 cardamom export rose 5,500 ton from 3,795 ton a year ago, showing a smart growth of 45%. Cardamom prices in spot market gained by 0.70 rupees and settled at 923.40 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co