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Cardamom Price-Record High at Puttady Auction


At the auction conducted by the MAS Enterprises at the Spices Board's new auction premises at Puttady near Vandanmettu in Idukki district on 21 May 2010 the price of cardamon reached a record high of Rs 1712 per kg. The high prices resulted from the disequilibrium between demand and supply.

Oct 13, 2010 14:55 IST


At the auction conducted by the MAS Enterprises at the Spices Board's new auction premises at Puttady near Vandanmettu in Idukki district on 21 May 2010 the price of cardamon reached a record high of Rs 1712 per kg. The high prices resulted from the disequilibrium between demand and supply. At another auction conducted by the Kerela Cardamom Processing and Marketing Cooperative on 23 May 2010 the maximum price for cardamom was Rs 1500 a kg. In recent times the cardamom production in the country did not keep pace with the growing demand. During the current season the production is estimated to be between 10500-11000 tonnes.