EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 3 JANUARY 2018

• Cardamom trading range for the day is 1113.5-1158.3.
  
• Cardamom prices dropped as arrivals may increase in the coming week amid poor demand from stocksits at higher levels.
• There are reports of favourable weather in the producing centres of Kerala, which may put pressure on prices.
• India exported 1,220 ton cardamom during Apr-Jun 2017-18 up from 1,108 ton a year ago.
• Cardamom prices in spot market gained by 1.10 rupees and settled at 1055.00 rupees.
• BUY CARDAMOM FEB 2018 @ 1120.00 SL 1100.00 TGT 1138.00-1156.00.MCX

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