Spices Insights for October 12, 2016

  • Major Spices market across the country is closed today on account of ‘Muharram’.
  • Cardamom prices remained firm today after remaining steady for a fortnight at the auctions held in Kerala and Tamil Nadu.
  • Cardamom arrivals today reported at 84.5 tonnes and almost the entire quantity was sold out..
  • Growing belt in Kerala continued to experience the dry spell in the Idukki district, where 75% of the Cardamom is grown in the country.
  • Failure of the north-east monsoon which is expected in the coming days would result in severe water shortage in the growing areas which have also prompted the stockists and others to buy actively now.


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