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Cardamom News - Small Cardamom Market Sentiment and AgriWatch Expectation
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Small Cardamom Market Sentiment and AgriWatch Expectation

Steady to weak sentiment was witnessed in the Small Cardamom spot market during the past week. As AgriWatch expected earlier, Cardamom supply fell by 34.51% past week as stockists and planters were not interested in releasing their stocks at lower prices. At the Kumily spot market, last week Cardamom average prices down by 15.38% and traded at INR 745 per kgs. In the same period last year, the market mostly closed due to Covid-19 lockdown.  
 
Cardamom current year picking activity finished in the key growing regions of Kerala. New crop supply is likely to start next month.
 
As on 28th June 2022, at Kochi auction centre Cardamom prices are moving at INR 822 per kgs up by 4 per kg as compared to last week. Last year in the same period it was INR 1,021 per kgs. AgriWatch expects all India Cardamom average auction prices for next week are likely to move in a range between INR 820 – 880 per kgs.