INDIA’S National Multi Commodity Exchange (NMCE) has announced that it will introduce ready delivery contracts through its online trading platform in order to provide an impetus to the trade flow in commodities. Kailash Gupta, NMCE’s managing director said: “The ready contracts, being introduced shortly, will be precisely on the lines of the T+2 (trading day […]
EUROPEAN spice traders are expecting global cardamom prices to remain firm over the coming months due to a smaller than anticipated 2004/05 Guatemalan crop. Guatemala is the world’s largest cardamom producer and exporter so international prices are determined by the size of its crop. Typically, harvesting is undertaken between September and March. Last August, initial […]
INDIAN vanilla traders are eagerly anticipating the arrival of new demand over the coming weeks as harvesting of the current crop is nearly completed. According to the latest trade estimates, India should produce around 100 tonnes of cured beans this year, which would equate to around 5% of the projected world demand of 2,000 tonnes […]