Tuesday, 13 October 2015

Agri tips : Cardamom prices rose by 0.15% 13 Oct, 2015

http://www.researchvia.com/agro-pack/
Agri tips & calls
Agri tips : Cardamom prices rose by 0.15 per cent on yesterday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters & upcountry buyers and also on hopes of improved export requirement. At MCX,October 2015 contract for Cardamom futures were trading at Rs 820.80 per kg, up by 0.15 per cent, after opening at Rs 818 in against with the previous closing price of Rs. 819.60. It touched the intra-day high of Rs. 820.80 till the morning trade today. Sentiment improved further as a result of firm demand in the market against prohibited arrivals from producing belts of Chandausi in Uttar Pradesh.

Kerala (70 per-cent), Karnataka (20 per-cent) and Tamil Nadu (10 per-cent) are the cardamom emerging states in our country while around 90 per-cent of the production is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Kumily, Thekkady, Kumbum, Bodinayakanur and Pattiveeran Patti in Kerala state.

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