Cardamom trading range for the day is 1167.5-1252.3. Cardamom prices
dropped on profit booking after prices gained amid surge in physical
demand for cardamom. Inventories in the upcountry markets have
reportedly been exhausted, resulting in fresh buying to replenish
stocks. The country exports roughly 15-20 per cent of its total cardamom
production, thus, next year exports may be around 3,500-4,000 tonnes.
Cardamom prices in spot market gained by 12.50 rupees and settled at
1142.50 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Monday, September 19, 2016
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