EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 16 November 2016

Cardamom trading range for the day is 1301-1361.2. Cardamom prices ended with losses tracking weakness in spot demand amid profit booking. However downside seen limited on expectations of lower arrivals due to poor production caused by prolonged dry weather condition in Kerala. India exported 1,150 ton cardamom during Apr-Jun up 25% on year. Cardamom prices in spot market gained by 22.10 rupees and settled at 1361.30 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300