Login ID:
Partner Login
Contact Us : 7066511911

Small Cardamom Rules Steady On Matching Demand And Supply

8 Jul 2019 3:27 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
MUMBAI (Commoditiescontrol) - The small cardamom prices last week ruled steady on matching demand and supply.

Availability of the aromatic spice continues to remain very tight. However, small volumes of fresh cardamom started arriving from isolated pockets.

The erratic southwest monsoon so far this year has negatively affected the next crop, Mr P C Punnoose, General Manager, CPMC said. He said the next crop is likely to be smaller.

The individual auction average remained at over Rs3,000 a kg at all the auctions last week in Kerala and Tamil Nadu like in the previous week, he said.

At today (Monday)'s auction conducted by Cardamom Growersforever Private Limited 19 tonnes of cardamom arrived and of this around 15 tonnes were sold.The maximum price was at Rs 3,503 a kg while the auction average stood at Rs 3,078.60 a kg.

No export buying was taking place following the sharp increase in the prices, market sources said.

The prices of graded varieties remained unchanged in Bodinayakannur and that were today at (in ₹/Kg) : 8mm good green colour bold 3,800- 4,000: 7 - 8 mm 3,400- 3,500 : 6-7 mm 3,200. Good bulk was being sold at Rs3,300 a kg.

(By Commoditiescontrol Bureau)

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Spot Red Chilli Prices Remain Steady
Spot Coriander Prices Remain Steady To Slightly Down
Spot Jeera Prices Continue To Remain Stable On Limited ...
Spot Pepper Rules Steady In Sluggish Activities
Bearish Sentiments Pull Down Small Cardamom Prices
Top 5 News
Chana Trades Weak At Major Spot Markets
Domestic/Imported Variety Tur Drops At Major Markets
Domestic Sugar Prices Rule Steady In Limited Trade
Spot Mentha Gains On Tight Supply, Better Demand
Mumbai Pulses Market Closed Unchanged
Top 5 Special Reports
USD/MYR—Backing Away from Resistance at 4.2000
USD/IDR—Near the Midpoint of a Multi-month Range (13,90...
USD/BRL—Approaching Symmetrical Triangle Pattern Resist...
U.S. Dollar Index—Remains on an Upward Trajectory
Weekly: ICE Sugar Ends Down As Brazilian Real Sinks Be...
Copyright © CC Commodity Info Services LLP. All rights reserved.