THE Indian Spices Board is sending a two-man delegation to Guatemala to study the country’s cardamom crop. According to marketing director S Kannan, the Indian Spices Board is in talks with local authorities to send a scientist and an economist to the country soon. This echoes a trip by Indian officials to Madagascar to study […]
INDIAN cardamom growers in Kerala and Tamil Nadu have floated South India Green Cardamom Company, which will take up direct marketing of the produce both within the country and overseas. Green Cardamom, which is registered under the companies act and promoted by 50 planters, will start its first trial retail marketing in Madurai next month, […]
Indian cardamom prices, which had previously surged by Rs 120 ($2.57) a kg in a fortnight, have dropped by Rs 20 at the auction held in the Keralan town of Kumily, the country’s main cardamom trading centre, on Sunday. Ten tonnes were bought by exporters, while the rest was bought by North Indian dealers. The […]
WHILE expectations of a good cardamom crop in Guatemala and constant demand have kept prices relatively low, there is potential for this to change in coming months, especially when low output and high demand in India is considered. Reports suggest that top producer and exporter Guatemala should have another good crop this year, which would […]
INDIAN cardamom prices have been rising recently due to strong domestic demand. Average prices in Kumily, Kerala – the country’s main cardamom-selling centre – reached Rs419 ($9) a kg, a three-year high. The coming festival season and reports of a decline in Indian production of up to 30% from last year’s level are thought to […]
SUPPLY and demand trends suggest that Indian cardamom prices could be set for an upward surge. Market sources in Bodinayakannur told the Indian newspaper Business Line that the coming festival season should fuel demand and that, with low production this season, the price has already begun rising. Traders in Kumily said inventories in north Indian […]
AN impasse over cardamom auctions, following the boycott by the traders over grading charges, is likely to end soon and indications are that the auctions may resume this week itself. After a meeting between auctioneers and traders convened by the Indian Spices Board on Tuesday, it was made clear that the Rs1.50 a kg being […]
INDIAN cardamom traders in Bodinayakanur, Thevaram, Cumbum and Virudhunagar in Tamil Nadu and Kumily in Kerala have decided to boycott cardamom auctions. The boycott is a response to a recent decision by the Spices Board to reduce growers’ contributions, which would deprive the traders of Rs1.50 per kg on cardamom sold to bidding traders as […]
INDIAN growers expect the country’s cardamom crop this year to be down by a quarter from last year’s level, which would be a heavy blow to the already struggling sector. India’s cardamom output for the April to March 2005/06 crop year is estimated at between 13,000 and 17,000 tonnes but if the growers’ gloomy predictions […]
SMALL variety cardamom output in India is likely to fall by a quarter in 2006-07 (April-March) from the previous year due to unfavourable weather, according to some growers. Erratic rains in June then strong winds in major producing areas in Kerala and Tamil Nadu are the main reasons for lower output, the growers added. “The […]