INDIAN cardamom prices have been falling slightly at auctions held by Cardamom Processing and Marketing Company in Kumily, Kerala due to slow demand, despite thinning supplies. Supply of fresh stock is down with the peak season of harvest coming to an end, Arrivals at Kumily have fallen to 47 tonnes this week, from 65 tonnes […]
INDIA has recorded a 31% value rise in spice exports over the first nine months of the 2006/07 fiscal year due to generally higher prices. During the same period of the 2005/06 fiscal year, 12,091 tonnes worth Rs1bn was exported. Apart from small cardamom…READ MORE
The Spices Board has already authorised a study of the cardamom market in the Middle East. The board is said to be studying the report and plans to initiate marketing plans soon. Indian cardamom had the advantage of superior quality based on weight…READ MORE
INDIAN Spices Board officials are confident that the sector as a whole will achieve even higher sales over the coming months than those seen so far in the current financial year. Indian cardamom prices generally firm of late on reports of lower output and growing domestic demand…READ MORE
INDIA exported a lower volume of spices from April to August compared with the same period last year, but also saw its earnings from spice exports rise in the same period. The Spices Board said the drop in total spices exports was due a decline in shipments of items such as cardamom…READ MORE
The company has been floated with an authorised capital of Rs5m ($108,187), and this would be enhanced based on its success, The objective of Green Cardamom is to ensure remunerative prices for India’s cardamom growers, and a research and development unit will also be set up…READ MORE
Indian cardamom prices, which had previously surged by Rs 120 ($2.57) a kg in a fortnight, have dropped by Rs 20 at the auction held in the Keralan town of Kumily. Ten tonnes were bought by exporters, while the rest was bought by North Indian dealers…READ MORE
INDIAN cardamom prices have been rising recently due to strong domestic demand. Average prices in Kumily, Kerala the country’s main cardamom selling centre reached Rs419 ($9) a kg, a three-year high. The coming festival season and reports of a decline in Indian production of up to 30% from last year’s level are thought to be […]
SUPPLY and demand trends suggest that Indian cardamom prices could be set for an upward surge. If the initial trends are any indication, cardamom prices may move upward in the coming days of the current season, which officially began on August 1…READ MORE
INDIAN cardamom traders in Bodinayakanur, Thevaram, Cumbum and Virudhunagar in Tamil Nadu and Kumily in Kerala have decided to boycott cardamom auctions. The boycott is a response to a recent decision by the Spices Board to reduce growers’ contributions, which would deprive the traders of Rs1.50 per kg on cardamom sold…READ MORE