update you market of Cardamom . Rm prices remain firm at similar levels, though season is now on.
Due to early rains which continued through the year, crop started early, and will also end early, within October, this year.
Due to Covid-19 pandemic, there is negligible volumes only coming to Spices Board Auction Centre (which is the traditional normal sales platform for cardamom)
This year, the tradition has changed. Big traders are staying in growing regions, collecting all the material, and selling big volumes in On-line Platform.
Due to this there is no pressure for selling for farmers, and prices therefore remain firm.
Engaging of un-skilled labor for picking cardamom this year (due to lack of skilled people) is having a wrong impact on quality, as they pick up un-ripen berries as well.
As for extraction quality, further to September, oil yield will come down (oil is good only in 2nd picking), second pick is now on, so extraction companies are forced to buy at prevailing prices, due to which further lowering of cardamom oil prices are not expected.
If you have any requirements to cover, it is ideal to cover now. We can offer now Cardamom Oil.
