Kochi: Cardamom prices continued their upward trend on tight supply during the week at sales held in Kerala and Tamil Nadu. Arrivals were only 18 tonnes. The reasons attributed to lower arrivals are severe cold in the growing areas and Christmas holidays. Fall of overall output during the current season coupled with hoarding of the produce has squeezed the arrivals. As the prices were ruling high, exporters were not active. Indian cardamom remained outpriced in the world market. The maximum price stood at Rs 640 a kg, while the minimum was at Rs 393. The 8mm bold fetched Rs 625 to Rs 650 a kg and 7mm to 8mm Rs 590-Rs 610 a kg. Bulk fetched Rs 570-Rs 580 a kg.
Saturday, December 29, 2007
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