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Good news: cardamom is getting cheaper, a sudden 70% drop in price, know why

Prices of good quality cardamom have started to decline. Cardamom prices started to decline a few days before Diwali. Today, between 2 and 3 thousand rupees per kg of cardamom are sold on the market.

  • News 18
  • Last updated:November 30, 2020, 12:03 PM IST

New Delhi. The effect of Corona lockdown (Corona) appeared in the market later, but before that, cardamom prices started to rise. Cardamom prices started to increase in January 2020, until unlocked, they reached 7 thousand rupees per kg. Due to the rate hike, Saudi Arabia, the largest customer of Indian cardamom, also cut cardamom purchases. Nukkad tea and paan also stopped using cardamom. But again, cardamom has reverted to the old pace. Now cardamom is sold for 2 to 3 thousand rupees per kg According to the Khari Baoli wholesalers, good quality cardamom had reached the rate of 7 thousand rupees per kg. The rate increase also had an impact on exports. The demand for cardamom in the Indian market was also reduced. Although there was also a 5000 rupee cardamom on the market, the demand was neither cheap nor of good quality. But with the advent of the goods, cardamom prices have now started to fall. Cardamom prices started to decline a few days before Diwali. Today, between 2 and 3 thousand rupees per kg of cardamom are sold on the market. Now you have to do your car bike! Know everything about the new rules

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Cardamom became expensive in places due to floods and drought According to experts, in 2019-20, due to the lack of rain in many states of the south, there was drought and if there was excess rain. Which had a direct impact on the cultivation of cardamom. As a result, the demand for exports was also not met and the local market could not get cardamom and the tariff continued to rise. Before the fluctuations of the rain, 30 to 40 tons of cardamom came on the market every day. But the weather weakened the voice.




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