Minister proposes new Indian pepper plan

INDIA should aim to significantly increase it pepper production by developing an Integrated Model for Development, which will help it compete with Vietnam, the world’s biggest producer. Jairam Ramesh, the government minister of state for commerce, told reporters that the country’s Spices Board should be given responsibility for the promotion and development of the pepper […]

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Cardamom dragged down by hefty arrivals

CARDAMOM prices in India have declined to between Rs430 ($8.50) and Rs450 per kg during the past couple of weeks due to a steady stream of arrivals at the auction centres in Kerala and Tamil Nadu. On average, more than 300 tonnes of the commodity have been arriving at the auction centres every week due […]

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High prices fail to hamper Indian cardamom exports

INDIA’S exports of cardamom (small) increased during the first six months of the current fiscal year despite a substantial increase in prices. Similarly, the domestic dealers have also been actively buying so far during the current season – which began from late June – because of extended summer rains. According to Indian trade sources, Indian […]

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Further demand cutbacks on the cards

Cardamom supplies have been problematic in recent years and importers have reached a point where they aren’t willing to risk buying large volumes of the spice anymore Julian Gale. GLOBAL cardamom buyers have had ample opportunity to come to terms with high prices after several seasons of lower than usual output. However, there are clear […]

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Indias plantation sector urges relief from Minimum Wages Act

INDIA’S plantation industry has urged the government to remove the sector from the Minimum Wages Act. D P Maheswari, president of the United Planters’ Association of Southern India, said: “The state governments are acting as if they are concerned about the ground realities of an open economy. Indian plantation sector has the disadvantage of a […]

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Cardamom strike called off in Indian state

CARDAMOM plantations in Kerala, India have returned to business after an indefinite strike by workers was called off. The strike, which lasted 12 days, hit plantations at a time when the cardamom plants needed most attention; and was withdrawn after a wage settlement on the lines of that accepted by tea workers of the state. […]

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MCX plans to launch coriander seed futures from next week

INDIA’S Multi Commodity Exchange is planning to launch coriander seed futures from next week, a senior official said on Thursday. India is the largest producer of coriander and it has exported about 6,750 tonnes during the first two months of 2008/09, up 48% from a year ago. Other spices listed in the futures market include […]

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Indias Spices Board to support cardamom growers

INDIA’S Spices Board will provide financial support for replantation of cardamom in the three cardamom growing states of Kerala, Karnataka and Tamil Nadu. The replantation support will be extended in two annual instalments. Cardamom growers owning up to four hectares in Kerala and Tamil Nadu will qualify for a financial package of Rs17,780 ($414.50) as […]

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India suffers tight supply of cardamom

INDIA’S forthcoming crop of green cardamom is likely to be further delayed due to lack of rains, putting an additional squeeze on existing tight supplies, industry sources have reported. A team of experts from Indian company Emperor Akbar Green Cardamoms wrote in a June 16 market report that due to inadequate and delayed rainfall, India’s […]

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Weather helps boost Indian cardamom crop

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, according to farmers. This would be a substantial improvement on the 2007/08 crop, which has been pegged at 6,500 to 7,000 tonnes, 40% lower than […]

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