login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Small Cardamom Prices Show Modest Recovery; Higher Arrivals Noted

21 Jun 2024 10:51 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
Mumbai, June 21 (Commodities Control): Small cardamom prices in major markets have seen a slight uptick following a four-session decline, driven by bargain buying at lower levels despite subdued post-Eid demand. Reports indicate a 40% decrease in rainfall across key growing districts, although it is early in the monsoon season.

The average price per kilogram ranged from Rs 2,259 to Rs 2,311, slightly down from the previous session's average of Rs 2,284 to Rs 2,286. The highest price recorded was Rs 3,002 per kilogram, marking an increase from Rs 2,749 in the previous session.

Arrivals increased marginally but remained around 1.0 lakh kg, up from 84,393 kg to 95,818 kg. Offtake also rose to 92,982 kg from 79,591 kg previously, with an offtake rate climbing to 97% from 94.3%, indicating improved demand.

Grade-specific rates were reported as stable: Rs 2,240 to Rs 2,320 per kg for 7 mm grades, Rs 2,440 to Rs 2,560 for grades 7-8 mm, and Rs 2,720 to Rs 2,920 for grades 8 mm and above.

Overall, small cardamom prices have shown resilience with a modest price recovery amidst higher arrivals and stable grade-specific rates in the market.


(By CommoditiesControl Bureau: +91-9820130172)

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Cumin Prices Drop in Gujarat Due to Decreased Demand
Coriander Market Remains Sluggish in Gujarat; Prices St...
Turmeric Spot Prices Mixed; NCDEX Prices Decline
Small Cardamom Prices Mostly Stable Amid Strong Buying ...
Clove Prices Remain Stable in Major Markets
more
Top 5 News
US Cotton Crop Progresses Ahead of Schedule but Faces Q...
Castor Oil Prices Surge Amid Sowing Decline and Strong ...
Cumin Prices Drop in Gujarat Due to Decreased Demand
Coriander Market Remains Sluggish in Gujarat; Prices St...
Cotton Arrivals Total 17,500 Bales Across Major Produci...
Top 5 Special Reports
USDA lowers 2024-25 global soybean production estimates...
USDA revises 2024-25 global cotton ending stocks estima...
Textile Industry Pins Hopes on Upcoming Union Budget
US cotton net sales for June 28-July 4 at 54,100 RB, do...
US Soybean net sales for June 28-July 4 at 208,000 MT, ...
Copyright © CC Commodity Info Services LLP. All rights reserved.