EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 10 October 2016

Cardamom trading range for the day is 1107-1173.8. 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. Export shipments in 2016-17 are expected to drop due to expectations of less availability on higher domestic consumption and higher prices. Cardamom prices in spot market gained by 6.10 rupees and settled at 1113.60 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co