EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 05 October 2016

Cardamom trading range for the day is 1089.8-1166.6. Cardamom prices ended with losses amid muted physical demand for cardamom in the domestic spot market. Though, some losses were capped on expectation of fall in cardamom output 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 dropped by 2.00 rupees and settled at 1113.30 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co