Tuesday, March 28, 2017

  • Cardamom trading range for the day is 1336-1432. 
  • Cardamom prices dropped following reports of increasing arrivals of the spices from Guatemala, though domestic supplies are weak. 
  • Despite estimates of lower output and tight stocks, cardamom prices are ruling easy due to higher imports from Guatemala. 
  • Prices remained under pressure due to cheaper imports, subdued exports demand and stock liquidation by stockists and planters. 
  • Cardamom prices in spot market dropped by 37.50 rupees and settled at 1406.50 rupees.
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