Wednesday, August 07, 2019
Monday, August 05, 2019
Cardamom price on a record high
Delayed harvest leads to poor supply
Cardamom price continues to break records because of the crop’s poor availability in the market. A drop in production is predicted in the days ahead too of the current season.
Market sources said that the first crop of the season had not reached the auction centres and adverse climate had impacted the production. Usually the first crop reaches auction centres by June/July. However, because of poor southwest monsoon, the first crop is expected only by the end of August or in September this time.
The maximum price recorded at the Spices Park at Puttady on Saturday was ₹7,000 a kg while the average price was ₹4,733. It was a record in the maximum and average prices in both the auctions, held in the morning and eventing, at Spices Park.
In the evening auction held by Header Systems (India) Ltd., Nedumkandam, on Saturday, 26,142 kg reached the auction centre, all of which was sold. The maximum and average prices respectively were ₹7,000 and ₹4,655 per kg.
In the morning auction held by Mas Enterprise, Vandanmedu, of the 8,796 kg of cardamom that had arrived, 8,741 kg was sold at ₹5,212 (maximum) and ₹4,733 per kg (average). The maximum price had remained above ₹4,000 per kg from July 24.
Flood impact
The Cardamom Hill Reserve (CHR) area received very poor rainfall and the atmospheric temperature remains high, affecting the flowering and the growth of beans. In addition, the flood of 2018 had taken a toll with plants largely destroyed in the CHR. Market sources said the high fluctuation in prices may not benefit the farmers and it is likely to drop with the arrival of the first crop.
Giji K. Raman
https://www.thehindu.com/news/national/kerala/cardamom-price-on-a-record-high/article28816195.ece
--------------------------
WHATSAPP +5511988027709
MAIL manager@peppertrade.com.br
Price Indication several spices
August 5, 2019
This week Price Information received form India.
In case of interest please contact
WHATSAPP +5511988027709
MAIL manager@peppertrade.com.br
Price Indication (FOB MUNDRA) (Prices are subject to reconfirmation)
New Crop Cumin seeds
Singapore 99%: $ 2360
Singapore 99.5%: $ 2390
Europe 99%: $ 2425
New crop Fennel seed
Europe 99%: $ 1400
Semi Europe: $ 1245
Singapore 99%: $ 1035
New Crop Fenugreek seeds
Machine Clean: $ 695
Sortex: $ 725
New crop Coriander Seeds
Eagle (M.P. Origin): $ 930
100% Split: $ 905
Super XO: $ 1030
Mustard Seeds
Bold: $ 570
Small: $ 625
New Crop Dill Seeds
Whole 99%: $ 1000
100% split: $ 955
* Kalonji (Black Cumin) seeds*
Machine Clean: $ 1590
Sortex: $ 1640
Turmeric Finger (Double Polished)
Salem, No. 1: $ 1180
Nizamabad, Good Grade: $ 1065
Nizamabad, FAQ: $ 1025
Shipment: Prompt
Packing: 25/50 KG
Prices are subject to reconfirmation
Subscribe to:
Posts (Atom)
Posts
