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Key Takeaway
- Market Price Driving Factors: The price of Cardamom – AGS1 is influenced by domestic production, seasonal arrivals, auction volumes, crop conditions, and the availability of good-quality cardamom. Demand from spice processors, traders, exporters and domestic consumers, together with international cardamom prices and export activity, plays an important role in price formation. Capsule size, colour, cleanliness, moisture content, grade quality, farmer selling patterns, inventory levels, weather conditions, processing demand, competing origins, transportation costs and currency movements can further affect market sentiment. Changes in supply availability and auction demand may result in significant price fluctuations and short-term volatility.
About This Dataset
Cardamom – AGS1 refers to small cardamom traded under the AGS1 commercial grade/specification. The quoted value represents the monthly average domestic market price in ₹/kg and provides an indicative benchmark for monitoring price movements of this specified grade.
Methodology
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