1,294 kg sold at Rs. 1,110 per kg at 4th Large Cardamom auction

GANGTOK, 19 Dec: The 4th Auction of Large Cardamom for the year 2013-14 was conducted by the auctioneer NERAMAC Ltd on 18 December at Spices Board’s auction Centre, Singtam.
A press release informs that the total quantity put up for auction and sold was 1,294.4 kgs while the average price was Rs. 1,110.31 per kg [Rs 44,412 per mound]. The clean bold Varlangey variety of large cardamom from Lamaten, East Sikkim fetched the highest price of Rs 1,170 per kg. The minimum price of large cardamom during the auction was Rs 1,000 per kg [Rs 40,000 per mound].
M/s India Rubber Impex, a leading dealer and exporter of Spices from Agra and other leading Large Cardamom dealers from Singtam and Gangtok had participated in this auction, it is informed.
Asst. Director (Marketing), Spices Board, Singtam, CS Ghatani, in his address, urged farmers to ensure quality and maximum arrival of cardamom in the Auction Centre to attract bidders from outside the state as well as to fetch premium prices for their produce. Sr. Zonal Manager of NERAMAC Ltd., PC Roy thanked the large cardamom growers and dealers for their participation in the auction and expressed hope for a more successful auction next time, the release adds.

NERAMAC organizes third auction of current large cardamom season

GANGTOK, 02 Dec [PIB]: The North Eastern Regional Agricultural Marketing Corporation Ltd [NERAMAC], a Govt. of India enterprise under the Ministry of DoNER, successfully conducted the third Large Cardamom Auction for the current season on 27 November at Spices Board Auction Hall in Singtam.
The maximum arrival of Seremna Variety (GI) came from Hee-Goan (West Sikkim) and also substantial quantities form other district of Sikkim. Ram Bahadur Bista from Hee-goan (West Sikkim) received the highest price of Rs. 1,070 per kg of the export quality Seremna veriety and the lowest price [of Rs. 800 per kg] was offered to Paras Bista, also from Hee-Gaon, for the medium and ungraded quality he brought to the auction.
The local farmers have expressed their satisfaction over the prices [Rs. 200-300 above the prevailing local market prices]. A team of farmers form Dzongu in North Sikkim with the Spices Board officials also visited the auction.
The next auction hosted by NERAMAC is scheduled for 18 Dec and expects even higher participation of farmers, dealers and bidders.

LARGE CARDAMOM AUCTION BY NERAMAC

Hee Gaon farmer fetches highest price of Rs. 1,050 per kg
GANGTOK, 15 Nov [PIB]: NERAMAC started the auction of large cardamom from 30 October this year and in the initial round, farmers received the maximum rate of Rs. 990 per kg of large cardamom. In the second auction held on 13 November, Shyam PD Limboo of Hee Gaon fetched the highest price of Rs. 1,050 per kg. The lowest price of Rs. 910 per kg was fetched by BM Tamang and JP Khandu both from Hee Gaon.
Since the inception of this auction programme, Hee Gaon farmers have shown a lot of interest and have been taking advantage of this type of transparent auction. This has been possible because of people like NK Limboo [Chairman STDC], Chandramaya Limboo [MLA, Dentam], SB Limboo and Janardan Basnet, all from Hee Gaon who put their best effort to make large cardamom auction a success.
Speaking on this occasion, PC Roy [Sr. Zonal Manager, NERAMAC] informed that the date of the third auction of large cardamom has been fixed as 27 November at the Spices Board premises at Singtam where more arrival of produce and participation of farmers and bidders is expected to make the programme more successful. He also expressed his gratitude to BM Jayram [Dy. Director, Spices Board, Gangtok] for extending necessary help in conducting such a programme successfully. A subsidized transport vehicle has also been provided for transportation of the materials of farmers, he further added.