DESPITE Indian cardamom exports dwindling over recent years, premium markets such as Japan and Saudi Arabia have remained loyal to the Asian producer. Japan’s imports have stayed at a steady 200 tonnes a year, while Saudi Arabia is the top importer of India’s aromatic spice, with annual shipments reaching between 270 and 495 tonnes Demand […]
INDIAN spice traders are predicting that cardamom prices in the country will remain firm over the coming weeks, despite new crop arrivals reaching auction centres, as Guatemala’s forthcoming 2005/06 crop is expected to be lower following heavy rain and landslides. Traders in India reported that, for the week ending November 19, average prices rose to […]
INDIAN farmers have asked the government to scrap the Spices Board Act, 1986 and restructure the Spices Board by including growers and processors. Chengal Reddy, chairman of the Andhra Pradesh-based Federation of Farmers Associations, has written to the India’s prime minister listing failures of the Spices Board to encourage production and exports. He said that […]
DOMESTIC and overseas demand for Indian cardamom have remained weak, according to reports from local traders. This year’s festival season has failed to have the usual impact on cardamom demand, the traders said. Normally, the Diwali religious festival and the holy month of Ramadan stimulate an influx of extra buying, but that has not been […]
SRI Lanka has harvested its first crop of cardamom derived from a high yielding clone that was imported from India in an effort to improve yields and expand production. The high quality clone has been planted in the Nuwara Eliya district in the central hills. “It gives good yields right throughout the year and is […]
INDIA’S commerce ministry looks set to approve a proposed pepper subsidy, although the amount allocated could be lower than that originally mooted. According to one leading ministry official, just Rs120m ($2.7m) will be made available, which is significantly less than the Rs200m that the Indian Spices Board requested. To help address the decline in exports […]
THE Indian Spices Board has asked the country’s commerce ministry to increase the duty on cardamom imports and port restrictions to check falling prices in the domestic market and boost exports. “The import tariff has to be based on average domestic prices and in line with the WTO provisions. Ports of entry for cardamom should […]
INDIA’S Planning Commission has cleared a proposal to extend an export subsidy for pepper and cardamom in a bid to increase exports on the one hand and to arrest the decline in domestic prices of these commodities on the other. Sources within the ministry of commerce indicated that the necessary notification to this effect would […]
INDIAN cardamom production has been projected to rise by between 15% and 20% in the current fiscal year and may breach the 12,000tonne mark. According to latest estimates from the country’s Spices Board, production in 2005/06 will total about 11,000 tonnes up from 9,000 to 9,500 tonnes in 2004/05. However, local sources said that this […]
INDIAN cardamom production has been projected to increase by between 15% and 20% in the current fiscal year and may breach the 12,000-tonne mark, compared with between 9,000 and 9,500 tonnes produced in 2004/05, according to latest estimates published by the country’s Spices Board. Indian sources said that estimates for 2005/06 production were around 11,000 […]