GUATEMALAN cardamom prices have shown renewed strength in recent weeks as ongoing demand puts the squeeze on already tight supplies. In the week ending January 15, European traders quoted Guatemalan cardamom seeds as rallying to $30,000 a tonne cif main European ports from $25,000 a tonne cif a week earlier and mixed yellow qualities (MYQs) as gaining to $18,500 a tonne cif from $18,000 a tonne earlier. Andrew Barker, managing director of PBA brokerage told The Public Ledger: "There is a huge demand for cardamoms at the moment internationally and supply is less from Guatemala and India. It is pushing prices continuously upwards." Trade estimates have suggested that Guatemala's latest crop is in the range of 14,000 to 16,000 tonnes, but this remains to be clarified... Read More