Kochi: Cardamom prices maintained its upward swing on short supply during the week at sales held in Kerala and Tamil Nadu. The yield in non-irrigated plantations comprising of about 60 per cent of the total area in Kerala's Idukki distrct, is said to be less. At the auction on Aig 16, in Kumily, conducted by the Cardamom Processing and Marketing Company (CPMC) the arrivals stood at 28.5 tonnes and the entire quantity was sold. The prices increased by Rs 25 a kg from the previous week.
The arrivals will pick up only by mid-September besides, being less the prices are likely to move up given the expected good demand,. The maximum price on Aug 16, was Rs 585 a kg; 8 mm bold with good colour was fetching Rs 550 - 555 a kg, while 7 mm - 8 mm Rs 480–Rs 500 a kg; 6 mm and below was sold at Rs 370- 380 a kg. Current bulk was being sold at Rs 440-450 a kg.
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