Kochi: The cardamom prices have saw a falling trend last week at auctions held in Kerala and Tamil Nadu on increased arrivals. The average price fell to Rs 580 a kg last week from Rs 600 in the previous week. The average price on Aug 11, the first day of the current week, at the Cardamom Planters' Association (CPA) auction held in Bodinayakkanur, also fell to Rs 561 a kg from the Aug 10 average of Rs 580. The total arrivals here stood at nine tonnes and the entire quantity was sold. The market has shown a falling trend. The purchasers now anticipate the crop to be better in the coming days as the growing areas have started receiving good rains.
Thursday, August 14, 2008
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