INDIAN cardamom prices gained 10% in the week to September 13, on good overseas and domestic demand. The price of the September delivery contract on the Multi Commodity Exchange gained 9.4% and closed at Rs899 ($18.28) per kg. On the spot market, the weighted average price has risen to Rs720 a kg from Rs595 a […]
INDIAN spice exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008, but overall sales for the season are still lagging behind those of a year ago. The cumulative export total for the April to July 2009 period is 164,215 tonnes, 14% down from 189,870 tonnes over the […]
GUATEMALA’S first half cardamom exports were only moderately behind those of a year ago, despite a substantial decline in sales to top market Saudi Arabia. Between January and June this year Guatemala shipped a total of 12,981 tonnes of cardamoms to global destinations, 12% down from the 11,575 tonnes achieved in the same period of […]
INDIA’S spices exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008 and 4% lower in value at Rs4.6bn ($93.7m) against Rs4.8bn in the same month a year ago, but overall sales for the season are still lagging behind those of a year ago. Shipments of chillies, small […]
INDIAN spice exports in the first three months of the new 2009/10 season declined by 19% in volume and 12% in value on a year-on-year basis. This marks the first time since 2003 that the country’s spice shipments have slumped both in volume and value terms. The Indian Spices Board said that between April and […]
INDIAN cardamom growing areas have received good rains and the crop is expected to be good in the forthcoming 2009/10 season. The new season starts on August 1 and and picking of the new crop might begin from mid-August. Meannwhile, current crop arrivals at the auctions held in Kerala and Tamil Nadu are of inferior […]
TOTAL spice exports from India in the first two months of the new 2009/10 season fell 23% in volume terms and 10% in value on a year-on-year basis. The Indian Spice Board said in a report that between April and May 2009, a total quantity of 82,435 tonnes of spices was shipped, compared with 106,375 […]
GUATEMALA appears to have completely sold out of bold green cardamoms and other grades are running very tight so prices are expected to remain prone to upward pressure for the foreseeable future. Andrew Barker, managing director of PBAbrokerage, told The Public Ledger that Guatemala has run out of cardamoms of the full green colour favoured […]
THE Indian Spices Board has instituted a cash award for cardamom producers from this year with a view to encourage competition among farmers for an increase in productivity of the cash crop in Sikkim. The first prize carries Rs100,000 ($2,087) and a citation, while the second prize, which has been reserved for a female farmer, […]
ANDREW Barker has left Natco Foods after 10 years of service and has set up as an independent broker under the company name of PBA brokerage, covering key herbs and spices including cumin seed, cardamom, cloves and chillies. He can be contacted on tel: 01291 689452; mobile: 0780 1735697; email: andrew@pbabrokerage.com. CORN Products International has […]