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Continuous supply put cap on Cardamom prices
Published on: Jun 07 2022, 05:43
In the current season (which officially started from 1st August 2021) up to 03rd June 2022, arrivals reported 14,185 tonnes, last year same period it was 12,165 tonnes, up by 16.61%. Cardamom planters and stockists releasing their stocks before new crop arrivals from August.
India’s production for the current Marketing Year 2021-22 (already started from August 2021) is expected to be around 27,000 metric tonne (MT) and also put a cap on prices. Last year it was 23,000 MT.
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