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INDIAN cardamom prices declined steeply in the week to September 17 due to a sharp increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressure, the Business Standard has reported. The newspaper explained 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 Spices Board data. Prices went up to Rs1,513 per kg in June, with the best quality cardamom quoted at Rs1,750 a kg then... Read More

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