EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 08 DECEMBER 2016

Cardamom trading range for the day is 1326.8-1442. Cardamom prices gained amid pick up in physical demand for cardamom in the domestic spot market. The rise in prices led to planters increasing supply of cardamom across auction centres, resulting in supply glut in the physical market. However, forecasts of good rainfall over Kerala and Tamil Nadu due to cyclone limited the upside. Cardamom prices in spot market dropped by 3.80 rupees and settled at 1346.20 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300