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Cardamom News - Weak sentiment was witnessed in Small Cardamom
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Weak sentiment was witnessed in Small Cardamom

Steady to weak sentiment has been recorded in Small Cardamom during the past week on increased pressure from supply side due to new crop arrivals. As a result, supply is trading at a higher side, up by 17.94% from the previous week.   
 
Currentyear from August to October average auction prices are down by 6.61% whilemaximum auction prices are trading down by 3.93% compared to the same period last year due to higher production. 
 
Today at Kumily market, Small Cardamom Loose (max. price) is trading lower at INR 1,317 per kg, down by 2.44 per cent as compared to previous day., Loose (avg. price) is trading lower at INR 888 per kg, down by 2.09% from previous day. 
Total arrivals are at 73861 kgs, down by 6963 kgs from previous day on correction in prices.