INDIAN spice traders have seen major increases in the country's cardamom prices due to an uptake in demand which has emerged following reports that Guatemala is facing a much smaller crop in 2006/07. As reported in The Public Ledger earlier this month, trade estimates have pegged Guatemala's latest crop in the region of 21,000 tonnes compared with 25,000 tonnes in 2005/06 and 32,000 tonnes in 2004/05. Subsequently, Indian traders told the country's Financial Express newspaper that cardamom prices have been rising and touched an average of Rs377 ($8.54) a kg during an auction at Kumily on February 7... Read More