INDIAN cardamom prices have been on the slide since hitting a recent high mark of Rs1,980 ($44.50) per kg in June this year; and have now fallen below the Rs900 a kg mark. "Supply has far outweighed demand, since the second round of picking of the harvest is in full swing and will peak towards the end of the month," said PC Punnoose, general manager of the Kerala Cardamom Processing and Marketing Company (KCPMC). "Prices have been going down at our auctions in Bodinayakannur, with the average price dropping to as low as Rs857.40 per kg. Arrivals have been in the region of 60 tonnes per day. Total arrivals from the start of the season on August 1 until October 18 have been 2,556 tonnes, of which around 30 tonnes remain to be sold... Read More