Monday, January 23, 2017

Cardamom trading range for the day is 1512.6-1578.6. Cardamom prices dropped as investors remained on the sidelines amid muted physical demand for cardamom in the domestic spot market. Deficient rains have hit the cardamom crop badly in Kerala-the largest producing states. Total cardamom arrivals across Kerala in last week were around 410 MT against 333 MT arrived during last week, higher by 22.8%. Cardamom prices in spot market dropped by 3.40 rupees and settled at 1463.00 rupees. 

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