GUATEMALAN cardamom prices have been subjected to upward pressure of late on a slight upturn in demand and ongoing speculation that the 2012/13 crop will be smaller. Reports of fungus damage have led to forecasts that the crop could fall from the 28,000 tonnes reached in the recently-ended 2011/12 season. Andrew Barker, managing director of […]
THE restarting of India’s cardamom auctions has not proved completely successful, local trade sources have reported. The auctions were forced to restart by the order of the Kerala high court, which threatened to cancel the licenses of the auctioneers. In addition, the country’s Spices Board has issued a circular revising the minimum tick price downwards […]
GUATEMALAN cardamom prices have been subjected to upward pressure of late on a slight upturn in demand and ongoing speculation that the 2012/13 crop will be smaller. Reports of fungus damage have led to forecasts that the crop could fall from the 28,000 tonnes reached in the recently-ended 2011/12 season. Andrew Barker, managing director of […]
GLOBAL pimento prices have been relatively stable to slightly weak as continued sluggish demand cancels out the potential bullishness of this year’s lower crops. On Monday, Kai Jantzen of Hamburg trader Jantzen & Deeke, remarked: “It’s kind of amazing. Whatever the perspective of the crop was, a good chunk has been traded in August and […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]
CARDAMOM prices could be set to rise in the coming months amid strong demand and the possibility of a smaller crop in Guatemala. The new crop in Guatemala, which begins this month and runs through to around April next year, could decline to around 24,000 tonnes, compared with around 28,000 tonnes in the season just […]
INDIAN spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. In an August 30 market report Emperor Akbar Green Cardamoms of Mumbai said that domestic festival demand would start in a few days and this would coincide with new crop arrivals. “Most of the domestic consumption […]
INDIAN spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. In an August 30 market report Emperor Akbar Green Cardamoms of Mumbai said that domestic festival demand would start in a few days and this would coincide with new crop arrivals. “Most of the domestic consumption […]
INDIAN cardamom dealers have become increasingly concerned over the lack of rain across key growing regions and likely impact of this on output. In an August 17 market report, Emperor Akbar Green Cardamoms noted that for the week to August 1, the state of Kerala had a 67% deficiency in rainfall while Tamil Nadu had […]