EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 18 November 2016

Cardamom trading range for the day is 1317.6-1369.6. Cardamom prices gained amid rising domestic as well as exports demand in the spot market. Besides, expectations of lower arrivals due to poor production caused by prolonged dry weather condition in the growing regions too fuelled the uptrend.
At Vandanmettu market arrivals were reported at 14967 kgs, down by 674 kgs from previous day’s arrivals. Cardamom prices in spot market dropped by 16.40 rupees and settled at 1349.50 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300