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 Pepper Remains Steady
Spot Cardamom Zooms 3% On Increased Demand
India Spices Export Offer Price -09 December 2019
Daily Auction Price of Small Cardamom Dt - 07/Dec/19
Spot Pepper Continues To Remain Stable
Top 5 News
Tur Remains Weak At Major Markets
New Moong Declines At Major Markets
Spot Mentha Moves Up On Domestic Demand
Australia/Tanzania/Burma Chana Settles Lower In Mumbai
Canada/Ukraine White Pea Slips In Mumbai
Top 5 Special Reports
Cotton Seed Oilcake (NCDEX) May Attempt a Relief Rall...
Cotton Complex Kapas (NCDEX) Trading Within a Multi...
Copyright © CC Commodity Info Services LLP. All rights reserved.