INDIA is working on a broad strategy to develop its spices industry to improve its sales to both the local and foreign market, Jairam Ramesh, the country’s minister of commerce, said in his address to open the 9th World Spice Congress in Goa, India. Mr Ramesh first reminded delegates that the mainstay of the Indian […]
CARDAMOM growers in Idukki, India, have been encouraged by the higher prices seen in the current season to take up replanting in those estates where the plants were destroyed by drought last year. According to Joseph Kalluvettikuzhiyil, a grower in the district, replanting has taken place in around 1,000 hectares and more areas would be […]
Demand remains strong for spices despite widespread price rises following poor crops in key producing countries, suggesting the value of trading will rise even higher in 2008. HIGH prices following poor crops, the weak US dollar and strong demand, particularly for production of oleoresins, sent the value of global spice trading through the $3bn barrier […]
INDIAN spice exporters are keen on generating sales of ginger to Japan, a market which is being served by China, according to Spices Board chairman VJ Kurien. Speaking at a press briefing on the forthcoming Spices Congress, Mr Kurien said the exporters would like to tap the Japanese markets, which were mainly organic. He explained […]
GUATEMALAN cardamom oil prices have been subjected to sharp increases of late, following the same upward trend being seen in prices for the spice itself. Harvesting of Guatemala’s cardamom crop is not due to be completed untilMarch/April but at this early stage sources at origin have claimed that the forthcoming crop will be substantially lower […]
GUATEMALAN cardamom prices are expected to be prone to increases over the coming weeks due to strong demand and early indications of a possible decline in output. Harvesting of the cardamom crop spans the period from October to the end of March/April so it is still a long time until a clear picture of the […]
CARDAMOM growers in Idukki, India, have been encouraged by the higher prices seen in the current season to take up replanting in those estates where the plants were destroyed by drought last year. According to Joseph Kalluvettikuzhiyil, a grower in the district, replanting has taken place in around 1,000 hectares and more areas would be […]
INDIAN spice traders and Spices Board officials are becoming increasingly concerned that stubbornly high domestic prices might prompt higher volumes of spices to be imported into India over the next few months. This fear comes in spite of the fact that the country’s total spice imports over the first eight months of the 2007/08 season […]
A strong Indian rupee cut earnings across many sectors in the world’s top commodity exporter in 2007, but good sales and industry efforts helped the spice sector defy this NOT in the last quarter century since India worked itself into position as the world’s top commodities exporter has it faced a situation when its performance […]