Friday, May 4, 2007

Cardamom Prices Increase On Thin Supply

Kochi: Cardamom prices increased on thin arrivals during the week at auctions held in Kerala and Tamil Nadu. The total arrivals from April 27-May 2 stood at 93 tonnes only. Arrivals during the season up to May 2 were at 7,511 tonnes compared with 8,635 tonnes during the same period last season. 8 mm bold good colour capsules fetched the maximum price of Rs 516 a kg. The 7.5 mm and 7 mm fetched Rs 425-Rs 450 and Rs 400-Rs 420 a kg respectively. Current bulk was sold at Rs 370-Rs 380 a kg. Prices of graded varieties were AGEB Rs 445-Rs 455, AGB Rs 380-Rs 390, AGS Rs 360-Rs 375, AGS 1 Rs 330-Rs 340 and current bulk Rs 330-Rs 385 a kg.

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