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Cardamom likely to trade weak sentiment
Published on: Jan 02 2023, 03:38
Steady to weak sentiment was witnessed in the Small Cardamom spot market during the past week.
In the current season (which officially started on 1st August 2022) up to 30th December 2022, arrivals reported 7,226 tonnes, last year same period it was 6,696 tonnes, up by 7.92% due to higher production current season.
Correction in prices made planters and stockists hold their stocks due to which supply reported down during the past week.
AgriWatch expects, Cardamom planters and stockists may hold their stocks if prices go down from current levels.
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- Small Cardamom Prices Dip Due to Inclement Weather and Lower Arrivals (Subscribers Only)240323
- Strong Trading Trends for Small Cardamom Loose Prices in Nedumkandam Market (Subscribers Only)210323
- Decline in Small Cardamom Loose Trading at Kochi Market on Previous Day (Subscribers Only)210323
- Cardamom prices fluctuate across markets
- Mixed sentiment were reported in the Small Cardamom benchmark market
- Firm sentiment was reported today in the Small Cardamom benchmark market
- Weak supply and demand are reported today in the Small Cardamom benchmark market
- Small Cardamom prices reported down today