Small cardamom prices remained unchanged last week at auctions held in Kerala and Tamil Nadu. The matching demand and supply during the week has been attributed to the steady market trend.

Harvesting is almost over and hence the supply is unlikely to increase in the coming days, PC Punnoose, General Manager, CPMC, told BusinessLine.

He said buyers were active and were covering apprehending short supplies in the coming weeks. Exporters were also covering and they have bought and estimated 60-70 tonnes of exportable variety capsules last week, he said.

Total arrivals during the season from August 1 up to January 13 were at 10,897 tonnes and sales were at 10,330 tonnes. The individual auction average for the season as on January 13 stood at ₹1,092.50 a kg.

(This article was published on January 16, 2017)
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