Ladarcha fair is celebrated like a festival in the month of July welcoming summer. This fair has a historic significance in the history of Spiti. The traders from Ladakh, Rampur, Busher and Spiti used to meet and exchanged the goods of one another. The place used to be a barter ground for them. The fair was first scheduled at Kibbar maidan in Spiti. Now it is held in Kaza and celebrated with great enthusiasm as a get together. The traders from Kullu, Lahaul and Kinnaur also gather for trading. There are dance and singing performances to engage the audience in the immense culture of Himachal Pradesh.