EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 22 MARCH 2018

• Cardamom trading range for the day is 1054.6-1074.6.
  
• Cardamom dropped amid reports of rains in some the producing areas are likely to benefit plants.
• However downside seen limited due to sustained demand from exporters due to good export orders
• Arrivals are expected to decline and stay limited in the coming days due to lean season and fresh crop may hit the market only from July onwards.
• Cardamom prices in spot market gained by 0.90 rupees and settled at 1080.00 rupees.

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