Kochi: Cardamom rates continued their upward swing on good purchasing support at sales held in Kerala and Tamil Nadu during the week. The individual average rates were above Rs 360 a kg. At the CPA auction held on April 2, at Bodinayakannur the average price stood at Rs 360.62 while on April 3, at Header Systems auction in Nedumkandam it was at Rs 356.88 a kg. At the auction held on Wednesday at Kumily by the Cardamom Processing and Marketing Company (CPMC) the average price went up to Rs 380.18. Exporters bought 7.5 tonne. Domestic purchasers were active anticipating that the prices might move up further.
The highest price on April 4, was Rs 527 a kg fetched by 8 mm bold good colour. Price of this variety ranged from Rs 500 - Rs 527 a kg. 7.5 mm bold was being sold at Rs 450- Rs 475 while 7 mm at Rs 420 - Rs 450 a kg. Current bulk was fetching Rs 390 - Rs 400 a kg. The total arrivals during the current season up to April 4 stood at 6,982 tonne as against 8,000 tonne in the same period last season. Sales were at 6,425 tonne compared to 7,468 tonne. Prices of the graded varieties as on March 31 were AGEB Rs 475 - Rs 485, AGB Rs 385- Rs 395, AGS Rs 370 - Rs 380 and AGS 1 Rs 335 - Rs 345 a kg.
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