Friday, January 27, 2017

Cardamom trading range for the day is 1423.3-1497.3. Cardamom prices ended with losses tracking weakness in spot demand on profit booking after prices seen supported amid a squeeze in supplies. Harvesting is nearly complete and hence arrivals are unlikely to pick up. Exports of small cardamom during April-September 2016 have dropped by 20% in volume and 22% in value realisation from that of the same period the last fiscal. Cardamom prices in spot market gained by 2.30 rupees and settled at 1446.80 rupees. 

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