EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 29 DECEMBER 2016

Cardamom trading range for the day is 1315-1401. Cardamom prices continued downtrend on profit booking after prices gained amid good export from exporters. Deficient rains have hit the cardamom crop badly in Kerala-the largest producing states. Total cardamom arrivals across Kerala in last week were around 410 MT against 333 MT arrived during last week, higher by 22.8%. Cardamom prices in spot market dropped by 4.50 rupees and settled at 1361.90 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300