Small cardamom maintains steady aroma
Small cardamom maintains steady aroma
APRIL 9
2018
The small cardamom prices showed an easier/ steady
trend on Monday after remaining firmer last week. As the prices moved up in
recent days those holding the capsules have started releasing in good quantity
and that coupled with the comparatively inferior quality of the material has
pushed the prices marginally down on Monday, Ranganathan, a Bodinayakannur
based dealer said. He said at the auction in Bodi conducted by the Cardamom
Planters Association (CPA) Santhanpara 27 tonnes arrived and of these around 20
tonnes of cardamom were traded.
The maximum price stood at 1,166 a kg while the
auction average slipped to 919.07 from 923.98 the previous Monday. When the
arrivals started showing signs of an upsurge the buyers have resorted to a slow
down and how is it going to affect the prices would be known by tomorrow, PC
Punnoose, General Manager, CPMC and KCPMCS told Business Line.
He said the harvesting is over in 90 per cent of the
estates and what ever material arriving, at present, is by and large from the
stock held by the growers/traders. Exporters have bought an estimated 60 tonnes
of cardamom last week, he said. Total arrivals last week increased to 469
tonnes from 280 tonnes in the previous week from six auctions (due to Easter
holidays). The Individual auction average has risen to 962.08 a kg from 922.21
a kg the previous week and was vacillating between 924 and 995 a kg.
Total arrivals during the current season as on April
07 were at 21,459 tonnes and sales were at 20,821 tonnes. The individual
auction average of the season was at 961.77 a kg. The prices of graded
varieties today at Bodinayakannur in /Kg : 8mm green bold 1,250 -1,280 ; 7 mm :
940 ; 6-7 mm 900 -930. Good bulk was being traded at 950 - 960 a kg. The
weather conditions continued to stay favourable so far for the plants,
according to the growers.
Source:https://www.thehindubusinessline.com
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