EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 04 October 2016

Cardamom trading range for the day is 1134-1161. Cardamom prices gained tracking a firm trend at spot market on surging domestic and exports demand. Prices 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. Cardamom prices in spot market dropped by 4.00 rupees and settled at 1115.30 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co