INDIAN cardamom prices have been falling slightly at auctions held by Cardamom Processing and Marketing Company in Kumily, Kerala due to slow demand, despite thinning supplies, dealers said. Supply of fresh stock is down with the peak season of harvest coming to an end, a dealer said. Arrivals at Kumily have fallen to 47 tonnes […]
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 […]
INDIA earned more from its spice exports in the first nine months of this financial year (April to December) than it did in the full previous financial year, new figures show. Spice exports from the first three quarters of this year earned India Rs23.35bn ($512.23bn), which is up from Rs17.81bn in the same period the […]
INDIA’S Spices Board is proposing to set up a series of spice parks containing facilities which will benefit growers and processors. The parks, which are to be set up in the heart of spice-growing areas, will have warehousing facilities, including cold storage, and quality control laboratories that will help Indian spices meet international trading standards… […]
GUATEMALAN cardamom prices look likely to face increases over the coming weeks due to an expected fall in output. According to the latest trade estimates, Guatemala’s 2006/07 cardamom crop, harvesting of which is expected to finish in March, will total around 21,000 tonnes compared with 25,000 tonnes in 2005/06 and 32,000 tonnes in 2004/05… Read […]
INDIA has recorded a 31% value rise in spice exports over the first nine months of the 2006/07 fiscal year due to generally higher prices. According to figures from the Spices Board India has already achieved 93% of the target fixed for the whole year. Total spice exports over the period were 250,000 tonnes, worth […]
WHILE Indian spice exports increased by 29% in value terms in the first two-thirds of this fiscal year (April to November), some exporters are worried by the stagnation in terms of volume of exports. The total volume of spices exported in this period increased by only 1% compared with the same period in the previous […]
EXPECTATIONS of a smaller than normal cardamom crop in the world’s top producer Guatemala are the main reason behind current high prices for the spice, according to those who are active in the sector. Traders who spoke to The Public Ledger said that prices recently increased by between 10% and 20% due to a lack […]
A SYMPOSIUM with the theme, “Plantation Crops for Sustaining Ecosystems,” is being held in Cochin in the Indian state of Kerala from 5th to 8th December, 2006. The seminar will focus on highlighting the relevance of plantation crops in restoring the quality of environment. The symposium, to be hosted by the Indian Cardamom Research Centre […]
A TEAM from the Indian Spices Board was scheduled to visit Guatemala this week to assess the country’s farming practices and marketing strategies. Guatemala is the world’s largest producer and exporter of cardamom, while India consumes most of the cardamom it produces domestically and is unable to compete with Guatemala on price. The Indian team […]