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EPIC RESEARCH NCDEX Cardamom UPDATE OF 24 October 2018



Cardamom trading range for the day is 1396.7-1464.7.

Cardamom dropped on profit booking after prices rose amid heavy loses to crop due to recent floods and good export hopes.

Despite last year’s record exports, exports in the current year are likely to be affected due to strict measures by Saudi Arabia due to pesticide issue.

Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.

Cardamom prices in spot market gained by 10.30 rupees and settled at 1342.30 rupees.

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This post first appeared on Mcx And NCDEX Updates By Epic Research, please read the originial post: here

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EPIC RESEARCH NCDEX Cardamom UPDATE OF 24 October 2018

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