Cardamom Price Increases On Good Demand, Short Supply

Kochi: Cardamom prices maintained its upward swing at the sales held in Kerala and Tamil Nadu during the week on short supply and good demand. At the Kumily auction held by Cardamom Processing and Marketing Company (CPMC) the arrivals are 33 tonnes as against 60 tonnes on the same day the previous season, according to trading sources. Purchasers from north India were actively purchasing to meet their future requirement for the ensuing festivals, such as Ramzan, Navaratri and Deepavali. The maximum price on Sept 5, was Rs 550 and minimum Rs 250 a kg. 8 mm bold with good colour was fetching Rs 525-550 while 7-8 mm Rs 475-500 a kg. 6-7mm was being sold at Rs 425-450 a kg. Current bulk was fetching Rs 435-450 a kg .