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Cardamom Trade |
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| 5-8-2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
The details of production, export, import and Auction Price of Cardamom is given below:
The domestic price of cardamom (Small) witnessed a steady increase for the last few years. The average domestic price has increased from Rs.503.48/kg in 2007-08 to Rs.968.22/kg in 2010-11. Due to the higher production of 15,000 tons in 2011-12, the domestic price declined to Rs.645.61/- during the year. The price again showed an increase during the current crop season (Aug 2012-July, 2013). During the current season the average auction price has reached Rs.693.27 per kg. During last three months the price of Cardamom has shown a declining trend with price reaching Rs.557.80 per kg. in July, 2013. To stabilize prices, the Spices Board is implementing both short & long term measures for increasing the production & productivity of cardamom. Though there is no reporting of smuggling, Commissioners of Customs, Ministry of Finance has already been requested to take stringent measures to curb cross-border illegal trade. The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in a written reply in the Lok Sabha. |
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