Cardamom price falls by Rs. 14,000 per man within a month
Summary
Cardamom prices in Taplejung have fallen by Rs. 14,000 per man within a month of the new harvest reaching the market. Traders blame weak international demand, while farmers worry the decline could cut their expected returns.
Key Points
- Cardamom began trading in Taplejung in the first week of Bhadra at Rs. 96,000 per man before falling to Rs. 82,000 per man by Friday.
- The price has dropped by Rs. 14,000 per man within about a month, according to cardamom traders.
- Bhadrabir Regmi said the decline is linked to weak international demand and traders pricing produce based on last year’s rates.
- Farmers fear continued price falls, though some traders expect prices to rise when export demand picks up during the peak season.
