Kerala to start cardamom e-auctions on December 8

Cardamom auctions in the country will be concentrated in two places in Tamil Nadu and Kerala with the Spices Board all set to begin e-auctions on December 8. Indian sources have projected that prices will stay high for the season as there is a 40% shortfall in production. Output was around 11,000 tonnes last year…READ […]

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Low arrivals keep India’s cardamom high

INDIAN cardamom prices have continued their steady upward swing, with the average price remaining above Rs400 ($10.15) a kg. The drop in arrivals coupled with the exhaustion of inventory held by dealers in North India has resulted in active participation by traders at recent auctions…READ MORE

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Strong internal and exporter interest lifts Indian cardamom

INDIAN cardamom prices continued their upward swing during the week at auctions held in Kerala and Tamil Nadu, despite better arrivals, on good buying support. In Bodinayakannur, 14.53 tonnes of the commodity arrived, of which 13.97 tonnes were sold. The price range for the best 8mm bold variety was Rs425 ($10.65) to Rs549 a kg…READ […]

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India expects smaller crops in south due to excessive rainfall

INDIAN farmers are anticipating a major decline in output for a number of key crops in the south of the country due to heavy, untimely rains. With the production season of many crops starting in October there are heightened concerns. For example, September rains have upset cardamom growers in Kerala…READ MORE

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India targets $1bn for exports

The Indian Spices Board plans to launch a weekly electronic auction for cardamom on August 23 in Bodinayakanur, a trading hub in Tamil Nadu. The idea is to make sure that the farmer gets a better deal and there is more transparency in the system. The process would eliminate middlemen…READ MORE

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India anticipates major surge in spice exports

India’s cardamom output is likely to fall this year from last year’s 12,000 tonnes, due to droughts and unseasonal rains in the major growing areas. Spices Board has submitted a detailed proposal for replantation and rejuvenation of cardamom in major producing states. The government has agreed to consider the proposal…READ MORE

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Cardamom sees greatest price gain in India

A protracted dry spell during the summer, followed by heavy rains and strong gales during the delayed southwest monsoon, has caused a marked drop in arrivals of cardamom in the auction centres of Kerala and Tamil Nadu, and induced a sharp price rise…READ MORE

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Value addition key to Indian export record

THE value of India’s spices exports grew by a healthy 36% during the recently completed 2006/07 season, boosted by greater efforts to become a global processing hub. During 2006/07, 650 tonnes of small cardamom valued at Rs223.6m were exported against 863 tonnes valued at Rs268.2m in 2005/06…READ MORE

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Sustained dryness makes Indian cardamom costly

PRICES of cardamom in the Indian market have started firming due to predictions of a 30% drop in output during the current season following severe drought. Traders said the prolonged dry spell in Kerala’s Idukki and Wayanad districts earlier in the season has caused partial withering of the buds, and crop quality was likely to […]

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Cardamom costly as buyers struggle between crops

India is a large producer in cardamom, mainly for domestic consumption but also for exports, with the Middle East taking large quantities. India expects to increase its exports. Last year, India exported 875 tonnes of cardamom out of total production of 13,000 tonnes. This is down from five years ago, when it exported more than […]

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