Kerala's cardamom growers have reason to cheer. Reports of an earthquake damaging cardamom plantations in Guatemala have pushed the commodity's price in the Futures market this week.
Cardamom hit the upper circuit with reports of the earthquake in Guatemala, a major producer. At MCX cardamom near-month contract closed at Rs 468 per kg against the previous close of Rs 449.
Other commodities also bounced back after falling in the past two days. Jeera closed up by 2 per cent at Rs 13,732 per quintal, registering a volume of Rs 688 crore (Rs 6.88 billion) on