THE continuing drought in the cardamom producing centres of Idukki in Kerala and Bodinayakannur in Tamil Nadu has shattered farmers’ hopes of reaping a rich harvest. Although there were summer showers in the high ranges, most of the cardamom growing areas have been devoid of rains for the past three to four months. “The drought […]
GUATEMALAN cardamom prices have continued to escalate over recent weeks as ongoing demand from the key Middle East market has exerted further pressure on this season’s much tighter availability. According to trade estimates, Guatemala’s 2008/09 crop is down to around 16,000 tonnes from normal output of 23,000 tonnes. This is said to be the result […]
GUATEMALAN cardamom prices have sustained sharp increases over the last few weeks due to a general scarcity of material on the market. On Monday, Andrew Barker of the trading division of UK company Natco Foods told The Public Ledger that mixed yellow quality (MYQ) cardamom of minimum 360 grams per litre had escalated to current […]
INDIAN cardamom growers have warned that the continuous dry spell and winds in the growing areas in Kerala, will adversely affect the plants if it goes on without any summer showers until the end of February. The water resources currently available for irrigation will last until February 20 and thereafter, “if we don’t get any […]
INDIA is expecting bumper production of small cardamom this season as a result of favourable weather. The country’s Spices Board has pegged the current crop – for which harvesting started this month – to reach 11,000 tonnes, which would be substantially ahead of the 2008 crop of around 9,500 tonnes. A report in The Economic […]
INDIA’S union government is looking into a proposal by the Spices Board for freight and transport subsidies for pepper exports, following a 35% decline in domestic prices. VJ Kurian, chairman of the board, said that the subsidies will give pepper producers a competitive edge to attract more buyers in the global market. Kishor Shamji, president […]
INDIA should aim to significantly increase it pepper production by developing an Integrated Model for Development, which will help it compete with Vietnam, the world’s biggest producer. Jairam Ramesh, the government minister of state for commerce, told reporters that the country’s Spices Board should be given responsibility for the promotion and development of the pepper […]
CARDAMOM prices in India have declined to between Rs430 ($8.50) and Rs450 per kg during the past couple of weeks due to a steady stream of arrivals at the auction centres in Kerala and Tamil Nadu. On average, more than 300 tonnes of the commodity have been arriving at the auction centres every week due […]
INDIA’S exports of cardamom (small) increased during the first six months of the current fiscal year despite a substantial increase in prices. Similarly, the domestic dealers have also been actively buying so far during the current season – which began from late June – because of extended summer rains. According to Indian trade sources, Indian […]
Cardamom supplies have been problematic in recent years and importers have reached a point where they aren’t willing to risk buying large volumes of the spice anymore Julian Gale. GLOBAL cardamom buyers have had ample opportunity to come to terms with high prices after several seasons of lower than usual output. However, there are clear […]