SMUGGLING of large cardamom has become rampant in India as prices surge to unprecedented levels, the country’s Economic Times newspaper has reported. The illegal transit of the spice from its chief producing regions of Sikkim and parts of West Bengal to Pakistan, the single largest buyer, has hit exports. “As a result of the high […]
GUATEMALAN cardamom prices have shown renewed strength due to ongoing reports of a much smaller output this year, which have cancelled out claims that the crop will be ahead of that of 2009/10. Andrew Barker, managing director of PBA Brokerage, told The Public Ledger that two conflicting reports have emerged from exporters in Guatemala. One […]
GUATEMALAN cardamom prices have shown renewed strength of late due to ongoing reports that output will be much smaller this year, which have cancelled out other claims that the crop will be ahead of that of 2009/10. Andrew Barker, managing director of PBA Brokerage told The Public Ledger that two conflicting reports have emerged from […]
Demand is so strong in both India’s cardamom and turmeric markets that prices have not fallen in the face of seasonal arrivals, reports Shirish Nadkarni. But how long can this situation really last? key spices in the Indian export basket, cardamom and turmeric, have been moving almost in unison in both domestic and export markets […]
BETTER-than-expected cardamom oil output in Guatemala this year has finally put an end to the eye-watering price rally which began in May, although with demand remaining strong at the moment the outlook remains murky. Prices for the spice oil on a spot basis from Guatemala touched highs of $590 per kg in October, having sustained […]
A BETTER than expected cardamom oil harvest in Guatemala this year has finally seen an end to the eye-watering price rally which began in May, although, with demand remaining strong at the moment the outlook remains murky. Prices for the spice oil on a spot basis from Guatemala touched highs of $590 per kg back […]
INDIAN spice exports are still ahead of the previous year’s pace for the first seven months of the season but the pace tailed off somewhat in October. For the April to October period, preliminary data showed exports grew by 6% in volumes to 317,280 tonnes from 299,250 tonnes a year earlier, while the value rose […]
INDIAN spice exports in the first six months of the 2010/11 financial year that ends in March have increased by 8% in volume and 16% in value terms on the back of a consistent increase in demand for chilli, ginger and garlic. The total value of all spice exports from India for the first half […]
GUATEMALAN cardamom prices have shown increases in recent weeks on reports that the new crop is likely to fall short of earlier estimates. In August, most exporters at origin had been pegging the 2010/11 crop to reach between 23,000 and 24,000 tonnes, which would be a substantial increase on the 17,000 to 18,000 tonnes attained […]
GUATEMALAN cardamom prices have shown increases in recent weeks on reports that the new crop is likely to fall short of earlier estimates. In August, most exporters at origin had been pegging the 2010/11 crop to reach between 23,000 and 24,000 tonnes, which would be a substantial increase on the 17,000 to 18,000 tonnes attained […]