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SASEENDRA BABU
Exports revive as cardamom prices fall 16%Growers reckon the production is likely to be below 10,000 tonnes.- Cardamom crosses Rs 1,800 a kg on rise in demand, drop in outputBut small quantities are getting exported to other Gulf countries like Dubai, Kuwait and Doha.
- Small cardamom up 20% on rise in demandGrowers and traders said average prices touched a decade high of Rs 1,500 per kg this week from Rs 1,200 three months ago.
- Festivities send cardamom on a high despite heavy supplyTraders expect prices to stay above Rs 1K kg until Diwali season.
- Better cardamom exports may cover rain’s damage to cropSpot prices of cardamom are averaging at Rs 650 per kg and growers fear the price may decline further as fresh arrivals start streaming in.
- Indian cardamom's flavour drops in overseas marketsThe average local prices of cardamom dropped from Rs 750 to Rs 900 a kg with the main cardamom growing belt of Idukki in Kerala getting goo...
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