Cardamom prices have been subjected to downward pressure of late due to large expected output in India, while demand remains lacklustre. Indian exporters are reporting that the new crop in India is going to be big. Apparently a lot of contracts for old crop material have taken place India in the last four to six […]
Indian cardamom prices have been subjected to downward pressure of late due to 2012 crop carryover stocks of about 2,000 tonnes and the early start of harvesting of this year’s crop. Production was estimated to be about 20% more than last year with the quality of the crop being very good…READ MORE
India’s new cardamom crop has started and is expected to be of a decent size after favourable levels of rainfall. India’s production should be at least 18,000 tonnes. Expect to revise this number upwards in the coming weeks as we enter July…READ MORE
INDIA’S Spices Board is making moves to halt the illegal entry of cardamom into the country. Although the imports are officially estimated at a mere 200 tonnes, Indian traders believe that more could have entered the domestic market illegally…READ MORE
Export demand for Indian cardamom had been significantly less so far in the 2012/13 season. Indian qualities in the bold green grades continue to find buyers in the international markets. Indian farmers were holding back some good quality stocks as they were anticipating a shortage in the coming months. Prices of these grades in India […]
INDIAN cardamom dealers have found that the quantity of new crop arrivals is reducing, underlining the fact that the country is facing a smaller crop this year. The third round of picking was now under way in most of the plantations. The second round of picking saw lesser quantity arrivals than in the previous years…READ […]
INDIAN spice dealers are keeping a close watch on how cardamom trading progresses in the country following the recent resumption of cardamom auctions. The decision by the Spices Board to allow farmers to decide whether to sell cardamom directly to licensed dealers or through auction had met with a mixed reaction…READ MORE
INDIA’S cardamom auctions have resumed in full swing as traders and planters have settled for a tick price of Rs2 ($0.03). The disruption of the trade for over a month has raised serious questions on the organisation of the cardamom industry in India…READ MORE
INDIA’S Spices Board is looking to develop an alternative direct marketing system for cardamom to bypass the auction system, offering new trading platforms for farmers. Cardamom growers in the states of Kerala, Tamil Nadu and Karnataka are being provided an opportunity in the forthcoming…READ MORE
THE restarting of India’s cardamom auctions has not proved completely successful. The auctions were forced to restart by the order of the Kerala high court, which threatened to cancel the licenses of the auctioneers…READ MORE