PRICES of cardamom have witnessed a declining trend in major Indian markets, particularly Kerala, following sufficient summer rain in the growing areas, which has boosted expectations of a good crop. Bearish sentiment at the auctions saw average prices initially dropping from Rs1,175 ($26.35) a kg to Rs1,140, and further to Rs1,116 a kg on Monday at the auction held in Bodinayakannur. The individual auction average vacillated between Rs1,130 and Rs1,175 a kg in the week ending April 30, resulting in slack demand as buyers stayed away... Read More