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Spices Board to revert to old system of 1 cardamom auction a

Press Trust of India  |  Kochi 

The has decided to revert to the old system of one auction a day of by licensed auctioneers at centres at in Kerala's district and Bodinayakanur in district of

The decision was necessitated in the wake of complaints from growers' organizations that the lots of small growers were pushed back and half-day auctions were getting extended upto late evening and low price due to the present system ofhalf day auction, a Board release said here today.

Another grouse of the traders was they were not getting sufficient time to get their samples evaluated to fix the quality, which resulted in low prices for their produce.

Board ChairmanA Jayathilak said they have taken note of issues raised by growers organizations at centres, which were adversely impacting incomes of small cardamom growers. So it was decided to revert to the old system of one auction a day for better price realization to growers,he said.

As per the revised schedule, cardamom auctions by licensed auctioneers would be held at and Bodinayakanur centres on specified dates during May 21- June 30, 2018.

The auctions would begin at 10 AM and continue till the completion of the lots.

The auction would be held alternately at the two places ie and Bodinayakanur, except on Sundays.

The first auction will take place at Bodinayakanur on May 21 and the second will be conducted at Puttady on May 22.

The detailed schedule is available in the Boards website www.indianspices.com, the release said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 17:40 IST
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