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 […]