EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 14 DECEMBER 2016

Cardamom trading range for the day is 1301.5-1393.5. Cardamom prices dropped on profit booking after prices gained recently amid good export from exporters. Total cardamom arrivals across Kerala in last week were around 410 MT against 333 MT arrived during last week. India’s production is likely to fall by 30-40% in 2016-17 due to unfavourable weather conditions. Cardamom prices in spot market dropped by 18.40 rupees and settled at 1343.70 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300