FAVOURABLE weather in the cardamom producing regions of the southern Indian states of Kerala and Tamil Nadu is likely to see cardamom production for fiscal 2008/09 touch the 13,000-tonne mark. All major production centres in Idukki district were severely affected due to a prolonged dry spell in 2007…READ MORE
INDIAN cardamom prices rose about 10% over the last month due to falling arrivals, rising export demand and a weak rupee. Arrivals are almost nil at this time as the harvesting season has already ended in March. India’s cardamom harvest starts in August and continues until March…READ MORE
INDIAN cardamom production is likely to double within four years to touch 24,000 tonne. The total area to be replanted is 28,000 hectares, of which 10,000 hectares is in Kerala and Tamil Nadu and 18,000 hectares in Karnataka. About 15,000 hectares will be rejuvenated in Kerala and Tamil Nadu…READ MORE
INDIA has set an all-time record in spices exports in 2007/08 by exceeding the $1bn mark in value. Small cardamom, the export value rose by 11% despite a decrease of 23% in volumes due to higher prices…READ MORE
THE introduction of an e-auction for cardamom by the Spices Board of India, at Vandanmedu, and Bodinayakkanur in Tamil Nadu, has ensured accountability and transparency in trading. The e-auction was started at Bodinayakkanur with 30 computers in August before it was launched at Vandanmedu in December with 60 computers…READ MORE
CARDAMOM prices continued their downward trend last week on weak buying support at auctions held in Kerala and Tamil Nadu. The individual grades average prices fell by over Rs50 ($1.2358) a kg during last week from that of the previous week…READ MORE
TRADERS and analysts in India have forecast that the country’s cardamom prices are likely to decline about 10% by the middle of March because earlier sharp increases in price have had a dampening effect on both domestic and export demand…READ MORE
INDIAN cardamom prices are likely to decline about 10% by the middle of March as both domestic and export demand retreated in the face of a sharp spike in prices in the last few months. Cardamom prices rose by 40% in the last four months to Rs700 per kg on a decline in production on […]
CARDAMOM growers in Idukki, India, have been encouraged by the higher prices seen in the current season to take up replanting in those estates where the plants were destroyed by drought last year. Replanting has taken place in around 1,000 hectares and more areas would be replanted in the coming years…READ MORE
India having a much smaller than normal cardamom crop are expected to exert further upward pressure on prices. Harvesting of the cardamom crop spans the period from October to the end of March/April so it is still a long time until a clear picture of the actual output will emerge…READ MORE