Large Cardamom auction fetches Rs. 1,620 per kilo average price for Sikkim produce

GANGTOK: The 2nd Auction of Large Cardamom for the year 2014-15 was held at Singtam on 26 November and conducted business to the tune of Rs. 25,83,371 for the nearly 1,600 kg put to the gavel on the day. The auction was conducted by NERAMAC Ltd and Large Cardamom growers from Hee Gaon in West Sikkim received the highest price of Rs. 1,675 per kg (Rs. 67,000 per mound) for the clean bold Seremna variety brought by them to the auction, an official press release informs. The Bharlangey variety brought by growers from South Regu, East Sikkim, went for Rs. 1,650 per kg. (Rs. 66,000 per mound), which, it is informed, was higher than the prevailing market price of the day. Even inferior quality large cardamom went for Rs. 1,525 per kg. On final tally, the average price received at the auction was Rs. 1,620 per kg (Rs. 64,800 per mound).
Omprakash Challani from Gangtok, Raghubir Prasad and other leading Large Cardamom dealers from Singtam participated in the auction, it is informed.
The 3rd Auction of Large Cardamom for the year at Singtam has been fixed for 17 December, 2014.

5th Auction of Large Cardamom for 2013-14 held

GANGTOK, 09 Jan: The 5th Auction of Large Cardamom for the year 2013-14 was conducted by the auctioneer NERAMAC Ltd on 08 January at Spices Board’s auction Centre, Singtam.
A press release informs that the highest price of Rs. 1215 was for the clean bold Seremna variety of large cardamom from Hee-Gaon, West Sikkim. A total of 869.1 kgs were sold during the auction while the average price was Rs 1155.91 per kg.
The growers were very happy and satisfied with today’s auction and assured to participate more actively in the Spices Board’s auction centre, Singtam in future, it mentions.
The leading Large Cardamom dealers from Singtam and Gangtok had participated in this Auction. Asst. Director (Marketing), Spices Board, Singtam, CS Ghatani thanked the farmers and dealers for their participation and urged them 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 price of their produce, it is added.