Cardamom prices rose by 0.42 per cent on Thursday 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 demand. At
MCX, Cardamom futures for September 2015 contract were trading at Rs 915
per kg, up by 0.42 % , after opening at Rs. 913.90 against the previous
closing price of Rs. 911.20. It touched the intra-day high of Rs. 916
till the trading. (At 10.40 AM today). Sentiment improved further as a
result of firm demand in the market against restricted arrivals from
producing belts of Chandausi in Uttar Pradesh.
Kerala (70 %), Karnataka (20 %) and Tamil Nadu (10 %) 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 Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.
Kerala (70 %), Karnataka (20 %) and Tamil Nadu (10 %) 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 Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.
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