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INDIAN cardamom prices gained 10% in the week to September 13, on good overseas and domestic demand. The price of the September delivery contract on the Multi Commodity Exchange gained 9.4% and closed at Rs899 ($18.28) per kg. On the spot market, the weighted average price has risen to Rs720 a kg from Rs595 a kg a year ago. At a recent auction held at Vandanmettu in Kerala, the average price was offered at Rs735 per kg compared with Rs708 per kg offered at the same auctions the previous week... Read More

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