Kochi: Cardamom prices during the week fluctuated at the auctions held in Kerala and Tamil Nadu despite sharp decline in arrivals. End of the season coupled with thin arrivals might result in the auctioneers suspending auctions till the beginning of next season expected by end-July/early August 2007. The individual auction average prices showed an upward swing from Rs 332.01 on May 11 to Rs 361.39 on May 15. However, it declined to Rs 354.09 on May 16.
Eight-mm bold capsules fetched the maximum price of Rs 476 a kg while the minimum was Rs 231 a kg. Eight-mm bold was fetching Rs 450-Rs 480 while 7.5 mm and 7 mm was sold at Rs 425-Rs 450 and Rs 390-Rs 410 a kg, respectively. Bulk was fetching Rs 380-Rs 390. Total arrivals during the current season up to May 16 decline to 7,806 tonnes from 8,976 tonnes during the same period the previous season. Sales also decline to 7,167 tonnes from 8,379 tonnes. However, weighted average price increase to Rs 311.60 a kg from Rs 215.03 a kg last season.Prices of the graded varieties as on May 12 were AGEB Rs 440-Rs 450, AGB Rs 375-Rs 385, AGS Rs 355-Rs 365 and AGS 1 Rs 310-Rs 320 a kg. Prices in the local market in Bodinayakannur on May 16 were AGEB Rs 430-Rs 440, AGB Rs 360-Rs 370, AGS Rs 340-Rs 350 and AGS 1 Rs 300-Rs 310.
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