INDIA’S Spices Board is to implement a Rs1m ($21,500) scheme for setting up large cardamom processing and packing units in north eastern states and Sikkim. It plans to establish 20 units during the current tenth five-year plan period, which ends in 2006/07… Read More
GUATEMALAN cardamom exporters have begun discounting their offers for mixed yellow quality (MYQ) material over recent weeks in an attempt to offload remaining stocks before the forthcoming 2004/05 harvest. Last week, some European traders quoted MYQ cardamoms at $2,200 a tonne cif main European ports compared with $2,400 a tonne a fortnight earlier. One London […]
EUROPEAN spice traders have predicted that global cardamom prices will remain weak during the course of the 2002/03 season and fall further in 2003/04 due to the gradual increments in Guatemala’s harvest. Cardamom prices in Guatemala, the world’s leading exporter, have been declining over the past few years as the crop slowly recovers from the […]