EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 09 DECEMBER 2016

Cardamom trading range for the day is 1323.7-1443.7. Cardamom prices dropped on profit booking after prices gained duw to squeeze in supplies. Cardamom auctions at Puttadyin Kerala and Bodinaikanur in Tamil Nadu were cancelled on Tuesday and Wednesday. Farmers did not want to sell fearing delayed receipt of sale proceeds while the buyers were not enthusiastic to buy for want of sufficient funds. Cardamom prices in spot market gained by 12.40 rupees and settled at 1358.60 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300