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Indian cardamom buckles under hefty arrivals at auction centres

INDIAN cardamom prices declined steeply in the week to September 17 due to a substantial increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressure. The Business Standard newspaper reported that, for the first time since January, prices fell below the Rs1,000 ($21.30) per kg level to between Rs950 and Rs970 a kg. In January, the average price of Indian cardamom was Rs1,016 a kg, according to Indian Spices Board data... Read More

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