Agri tips - Today, Cardamom prices rose by 1.03 per-cent at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export requirement. At MCX, September 2015 contract for Cardamom futures were trading at Rs 862.50 per kg, up by 1.03 per cent, after opening at Rs. 855 against the previous closing price of Rs. 853.70. It reached the intra-day high of Rs. 853 till the trading.Today at 10.45 AM. Sentiment improved further as a result of firm requirement in the market against restricted arrivals from producing belts of Chandausi in UP(Uttar Pradesh).
Kerala (70 per-cent), Karnataka (20 per-cent) and Tamil Nadu (10 per-cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Bodinayakanur, Vandanmendu, Kumbum, Kumily, Thekkady and Pattiveeran Patti in Kerala.
Kerala (70 per-cent), Karnataka (20 per-cent) and Tamil Nadu (10 per-cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Bodinayakanur, Vandanmendu, Kumbum, Kumily, Thekkady and Pattiveeran Patti in Kerala.
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