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 from Rs5 ($0.09) to Rs2 per kg. "However the trader lobby has not yet accepted these proposals and they continue to boycott the auctions," Mumbai company Emperor Akbar Green Cardamoms stated in a report issued on Tuesday... Read More