5th Large Cardamom auction averages Rs. 1,688/kg

The 5th auction of Large Cardamom for the year 2014-15 was carried out on 11 February at the Spices Board’s Auction Centre at Singtam. The 2897.4 kgs put under the hammer on the day fetched an average of Rs. 1,688 per kilo [Rs. 67,520 per mound], and as per CS Ghatani, Assistant Director, Spices Board, Singtam, the cardamom growers were satisfied with the auction and have assured to bring their produce for future auctions.

Temi Tea first flush receives highest bids in Kolkata auction

GANGTOK, 14 May: Temi Tea fetched the highest price at the auction market in Kolkata on 08 May among all Darjeeling Teas. The first flush of Temi Tea was sent to Kolkata recently for auction conducted electronically by J Thomas Company at Kolkata. The first flush of Temi fetched Rs. 2,600 to Rs. 2,500 range/kg, informs a release issued by Ravi Kumar [General Manager, Temi Tea Estate].
Temi Tea is one of the most preferred Orthodox Black Tea among the tea lovers in India and overseas. Temi Tea gained its popularity due to its consistency in flavour, aroma, taste and the organic nature. Temi Tea Board entrusted on its quality than the quantity.
The Chairman of J Thomas auction house expressed to the management of Temi Tea that the quality of Temi tea may be attributed to the quality of plucking tea leaves and processing methods in the Temi tea factory, an official press release informs.
Since the Temi tea garden received good rainfall in the current season, the production is expected to cross 100 tonnes in the financial year 2013-14, the release adds. At present around 70 % of tea produced by the Temi tea estate were disposed through auction house based in Kolkata and 30% sent to retail market to meet domestic demand.

Hee-Gaon farmers fetch the highest price at 6th large cardamom auction

GANGTOK, 14 Mar: The 6th large cardamom auction was conducted by NERAMAC Ltd today at Spices Board’s auction centre at Rangpo.
A press release informs that the total arrival of large cardamom in the auction centre from all the four districts of Sikkim was 3.684 MT. Total quantity sold from the 42 lots was 2.604 MT worth Rs. 18,23,025 and 1.080 MT was withdrawn for next auction to be conducted on 28 March 2012.
Sukhlal Limbu from Hee-Gaon, West Sikkim fetched the highest price of large cardamom i.e Rs. 900 per kg (Rs. 36,000 per mound) in the auction which is much higher than the prevailing market price whereas minimum price was Rs. 635 per kg for inferior quality, the release informs. The average price of large cardamom in the 6th auction was Rs. 739 per kg i.e. Rs 29, 560 per mound.
Sr. Zonal Manager of NERAMAC Ltd, PC Roy has thanked the large cardamom growers and dealers for their participation in the auction and expressed his hope that the next auction to be held on 28 March will be more successful.
Mr Roy informed that the large cardamom growers who contributed maximum crop in the first year’s auction for the year 2010-11 will be awarded in a Seminar on “Fruit-wine and its commercialization” on 23 March at Denzong Regency, Gangtok, the release further mentions.