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Upsurge continued in small cardamom prices on good buying support following apprehensions of poor crop at auctions held in Kerala and Tamil Nadu.
At the Monday morning auction conducted by Cardamom Planters Association (CPA), the auction average has shot up today to ₹1,045.53 a kg against ₹973.42 the previous Monday.
A total of 38.5 tonnes arrived and almost the entire quantity was sold out. The maximum price stood at ₹1,255/kg.
Last week, the individual auction average at all the auctions except the CPA auction on last Monday stayed above ₹1,000 a kg and was vacillating between ₹1,010 and ₹1,061 a kg.
Exporters have bought somewhere between 80 and 100 tonnes. Good colour current bulk was being traded at ₹1,100 a kg.
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