THE restarting of India’s cardamom auctions has not proved completely successful, local trade sources have reported. The auctions were forced to restart by the order of the Kerala high court, which threatened to cancel the licenses of the auctioneers. In addition, the country’s Spices Board has issued a circular revising the minimum tick price downwards […]
GUATEMALAN cardamom prices have been subjected to upward pressure of late on a slight upturn in demand and ongoing speculation that the 2012/13 crop will be smaller. Reports of fungus damage have led to forecasts that the crop could fall from the 28,000 tonnes reached in the recently-ended 2011/12 season. Andrew Barker, managing director of […]
GLOBAL pimento prices have been relatively stable to slightly weak as continued sluggish demand cancels out the potential bullishness of this year’s lower crops. On Monday, Kai Jantzen of Hamburg trader Jantzen & Deeke, remarked: “It’s kind of amazing. Whatever the perspective of the crop was, a good chunk has been traded in August and […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]