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Indian-Commodity  :  Commodities  :  Poor Cardamom Costs Consistent With Fundamentals

Poor Cardamom Costs Consistent With Fundamentals (14-May-2011)

Having a bumper harvesting and carry-over stocks even now in stores, there is also a sales force related to cardamom that is maintaining the regional deals estimating rates at Rs.700/kg.

Specific press states estimating Spice Panel declared cardamom sector continues to be seeing a contradiction where in spite of a strong requirement in the offing, industry were watching a slip. The statement quoted the Spice Panel as stating that the sell rates show a drop previously couple of days with out enough causes.

It is a common cost for cardamom. said a respected Kochi-based broker.Of course there was occasions when the cardamom costs rose to Rs.1500/kg creating trading a dangerous affair. However which was unusual. We would suggest Rs.800-900 scale a great cost... he put in.

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