EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 25 November 2016

Cardamom trading range for the day is 1301.8-1386.6. Cardamom prices gained amid uptick in physical demand for cardamom in the domestic spot market. India’s production is likely to fall by 30-40% in 2016-17 due to unfavourable weather conditions. Prolonged dry weather occurred in the Idukki district, which has severely affected yield of the crop. Cardamom prices in spot market gained by 23.10 rupees and settled at 1358.10 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300