EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 29 November 2016

Cardamom trading range for the day is 1378-1448. Cardamom gained because of fall arrivals amid good demand from stockists and exporters apprehending bullish trend in the coming days. Prices also gained on prospects of rise in demand from domestic and overseas markets amid fall in production for the year 2016-17. Planters are hesitant to bring the cardamom in auction centres partly due to hopes of rise in prices in the coming months. Cardamom prices in spot market gained by 18.10 rupees and settled at 1372.30 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300