Cardamom prices have surged recently due to inadequate rainfall and higher temperatures over the past three months, causing significant damage to crops. With tillers and panicles drying up, there are concerns about the impact on next season's harvest. Prices have soared to around ₹2000 as a result of reduced production due to the unfavorable weather conditions.

The outlook for the next harvest season in July-August hinges on the availability of sustained rainfall. Current estimates suggest a 20% damage to plants, which could worsen if the growing regions continue to experience a lack of summer showers.

Demand in the market has been low post-Ramadan but is expected to rise again in July-August, according to auctioneers.