EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 14 SEPTEMBER 2016

Cardamom trading range for the day is 1193.5-1254.7. Cardamom gained on fears of fall in output and hopes of good demand for the coming festive season while stocks are tight. Cardamom output is likely to fall sharply this year due to adverse weather in all the producing areas of south India. Total arrivals during the season from August 1 to September 3 were at 2,110 ton and sales were at 1,937 ton. Cardamom prices in spot market gained by 1.80 rupees and settled at 1104.20 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co