Mumbai, May 9 (CommoditiesControl): Small cardamom prices continued to show upward trend in major markets, influenced by robust demand despite lower arrivals. The sustained high demand has boosted prices in recent sessions.
The average price ranged between Rs 2,122 and 2,212 per kilogram, marking an increase from the previous session's range of Rs 1,997 to 2,072. The highest reported price per kilogram surged to Rs 2,820, up from Rs 2,730 recorded in the previous session.
Arrivals were reported at 79,050 kilograms, a decrease from the previous session's 88,603 kilograms. Despite the decline in arrivals, the offtake remained relatively steady at 77,408 kilograms, compared to 86,548 kilograms in the previous session. The offtake rate stood at 97.9%, nearly identical to the previous session, indicating sustained demand.
Grade-specific rates followed the trend of bulk prices, with prices for 7 mm grades ranging from Rs 1,780 to Rs 1,840 per kilogram, grades 7-8 mm priced between Rs 1,960 to Rs 2,040 per kilogram, and grades 8 mm and above commanding prices between Rs 2,200 to Rs 2,360 per kilogram.
In the major markets of the North East, large cardamom prices remained firm overall, except for Chotadana prices in Gangtok, which saw a decline of Rs 75 per kilogram. Prices for Badadana and Chotadana witnessed an increase ranging from Rs 25 to 70 per quintal. Badadana prices were reported between Rs 1,375 and 1,572 per kilogram, while Chotadana prices ranged from Rs 1,125 to 1,425 per kilogram.
0 Comments 
Post Comment 
