EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 19 October 2016

Cardamom trading range for the day is 1124.2-1157.6. Cardamom prices gained amid surge in physical demand in the domestic spot market. Cardamom output is likely to fall sharply this year due to adverse weather in all the producing areas of south India. India exported 1,150 ton cardamom during Apr-Jun up 25% on year. Cardamom prices in spot market dropped by 3.60 rupees and settled at 1121.40 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300