Agri tips & updates - Price of Cardamom rose by 0.63 per-cent on today 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 830 per kg, up by 0.63 per-cent, after unlocking at Rs. 828 against the previous closing price of Rs. 824.80. It touched the intra-day high of Rs. 830 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 emerging states in India while around 90 per-cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Kumily, Kumbum, Thekkady, Bodinayakanur and Pattiveeran Patti in Kerala.
Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom emerging states in India while around 90 per-cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Kumily, Kumbum, Thekkady, Bodinayakanur and Pattiveeran Patti in Kerala.
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