Quality arrivals elevate cardamom charges by way of ₹50-a hundred consistent with kg

Quality arrivals elevate cardamom charges by way of ₹50-a hundred consistent with kg

by admin- Thursday, January 23rd, 2020 07:37:26 AM

Quality arrivals coupled with limited quantity provided seem to have lifted cardamom costs via ₹50-100 consistent with kg on Wednesday at Bodinayakanur auctions.

The quantity on offer became low at 41 tonnes. This turned into due to the decline within the expenses because a few days, consequently prompting sellers not to liquidate their stock.

There turned into limited participation following a subdued demand in upcountry markets. Traders stated factors along with cash crunch for the gradual movement inside the downward price fashion.

Since it’s far the remaining spherical of harvest for this season, investors are worried approximately first-rate of capsules. Usually, such low best discover its market with condiment manufacturers.

In the morning session, the auctioneers Vandanmedu GreenGold Cardamom Producer Company presented 23.41 tonnes in 120 plenty. The common price realisation became ₹three,842 consistent with kg on 22.Ninety one tonnes offered. Some selected plenty have been priced at ₹4,150 per kg.

The offer made through Idukki Dist Traditional Cardamom Producer Company was most effective 18.35 tonnes. The average price realised was ₹3,749 according to kg. There were 111 lots for the trading sesion.

News Updates