NCDEX Tips for the WEEK as on April 15, 2014

CARDAMOM 

• Cardamom prices rose by 0.67 per cent to Rs 940.70 per kg in futures trade today as speculators created fresh positions after demand picked-up in the spot market against restricted supplies  from producing belts. 

• At the Multi Commodity Exchange, cardamom for delivery in June rose by Rs 6.30, or 0.67 per cent to Rs 940.70 per kg in business turnover of 45 lots. 

• Likewise, the spice for delivery in May edged higher by Rs 5.20, or 0.57 per cent to Rs 914.70 per kg in 219 lots. 

• Analysts said besides pick-up in demand in the spot market, restricted supplies from producing regions mainly led to rise in cardamom prices at futures trade. 

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