Changes in weather, extended summer expected to boost cardamom prices

Joseph B. Hash

A improve in rainfall sample is very likely to revive the cardamom market place, with charges anticipated to keep constant in the auctions at Bodinayakanur on Thursday.

According to traders, contrary to forecasts for prevalent rain in the cardamom expanding tracks in the final couple days, the showers had been restricted to the higher ranges. This has boosted sentiment in the market place as the summer season would prolong, further more delaying the arrival of contemporary crops. This is anticipated to lift charges in the coming days.

Even so, traders expect minimal participation from both equally upcountry customers and local

Read More

Subscribe US Now