WHILE expectations of a good cardamom crop in Guatemala and constant demand have kept prices relatively low, there is potential for this to change in coming months, especially when low output and high demand in India is considered. Reports suggest that top producer and exporter Guatemala should have another good crop this year, which would […]
INDIAN cardamom prices have been rising recently due to strong domestic demand. Average prices in Kumily, Kerala – the country’s main cardamom-selling centre – reached Rs419 ($9) a kg, a three-year high. The coming festival season and reports of a decline in Indian production of up to 30% from last year’s level are thought to […]
SUPPLY and demand trends suggest that Indian cardamom prices could be set for an upward surge. Market sources in Bodinayakannur told the Indian newspaper Business Line that the coming festival season should fuel demand and that, with low production this season, the price has already begun rising. Traders in Kumily said inventories in north Indian […]
AN impasse over cardamom auctions, following the boycott by the traders over grading charges, is likely to end soon and indications are that the auctions may resume this week itself. After a meeting between auctioneers and traders convened by the Indian Spices Board on Tuesday, it was made clear that the Rs1.50 a kg being […]
INDIAN cardamom traders in Bodinayakanur, Thevaram, Cumbum and Virudhunagar in Tamil Nadu and Kumily in Kerala have decided to boycott cardamom auctions. The boycott is a response to a recent decision by the Spices Board to reduce growers’ contributions, which would deprive the traders of Rs1.50 per kg on cardamom sold to bidding traders as […]
INDIAN growers expect the country’s cardamom crop this year to be down by a quarter from last year’s level, which would be a heavy blow to the already struggling sector. India’s cardamom output for the April to March 2005/06 crop year is estimated at between 13,000 and 17,000 tonnes but if the growers’ gloomy predictions […]
SMALL variety cardamom output in India is likely to fall by a quarter in 2006-07 (April-March) from the previous year due to unfavourable weather, according to some growers. Erratic rains in June then strong winds in major producing areas in Kerala and Tamil Nadu are the main reasons for lower output, the growers added. “The […]
INDIA’S cardamom crop has suffered due to a lull in the monsoon showers between June 5 and 20, according to growers from Idukki, a major cardamom-growing district in Kerala. Growers in the country said that, while there had been good monsoon showers during the end of May, the crop has been hit badly by a […]
INDIAN producers of cardamom are being hurt by smuggling of Guatemalan cardamom via Nepal, Jairam Ramesh, India’s minister for commerce, has warned. The country’s Directorate of Revenue Intelligence recently discovered that thousands of tonnes of Guatemalan cardamom had been smuggled into India through Nepal, with which it has a free trade agreement allowing spices to […]
THE Indian government has begun a process of identifying commodities such as coffee, pepper and cardamom, that need to be registered as Geographical Indications to protect the country’s trade interests. Among the products to be registered as Geographical Indications, which means that only products from a particular area can be labelled using the regional designation, […]