Cardamom prices fall below ₹1,000 a kg
The Hindu
Large quantity remains unsold
Cardamom prices continue to fall and the average price quoted during auctions at Spices Park, Puttady, on Friday was below ₹1,000 a kg. In the morning auction held by Sugandhagiri Spices Promoters and Traders Pvt. Ltd., the average price quoted for 115 lots was ₹990 a kg and the maximum price ₹1,497 a kg. Of the 23,833 kg that reached the auction centre, 23,693 kg was sold. In the evening auction held by Idukki District Traditional Cardamom Producer Company Pvt. Ltd., 28,627 kg arrived in 116 lots and 28,232 kg was sold. The average price was ₹968 a kg and the maximum price ₹1,574 a kg.
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