EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 23 SEPTEMBER 2016

Cardamom trading range for the day is 1113.6-1166.8. Cardamom dropped on profit booking after prices seen supported on fears of fall in output. Cardamom output is likely to fall sharply this year due to adverse weather in all the producing areas of south India. There were almost no rains for nearly 6 months in Kerala, which hit the plantations badly which resulted in fall in output. Cardamom prices in spot market dropped by 9.30 rupees and settled at 1125.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co