Kochi: The average cardamom price after falling below Rs 600 a kg last week picked up on Sept 28 and increased to Rs 620 a kg last Sept 28. However, it declined on Sept 29 at the CPA auction at Bodinayakannur. Heavy arrivals because of the peak harvesting season coupled with liquidity crunch forced the prices at the auctions held in Kerala and Tamil Nadu to drop last week. At the CPA auction on Sept 29, the average price declined to Rs 598 a kg. Total arrivals were 13 tonnes and the entire quantity was sold out. North Indian purchasers were active. The maximum price was Rs 774 a kg and minimum Rs 470 a kg. The weighted average price also remained at Rs 606.65 a kg as against Rs 407.58 a kg last season.
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