DOMESTIC and overseas demand for Indian cardamom have remained weak, according to reports from local traders. This year’s festival season has failed to have the usual impact on cardamom demand, the traders said. Normally, the Diwali religious festival and the holy month of Ramadan stimulate an influx of extra buying, but that has not been […]
SRI Lanka has harvested its first crop of cardamom derived from a high yielding clone that was imported from India in an effort to improve yields and expand production. The high quality clone has been planted in the Nuwara Eliya district in the central hills. “It gives good yields right throughout the year and is […]
INDIA’S commerce ministry looks set to approve a proposed pepper subsidy, although the amount allocated could be lower than that originally mooted. According to one leading ministry official, just Rs120m ($2.7m) will be made available, which is significantly less than the Rs200m that the Indian Spices Board requested. To help address the decline in exports […]
THE Indian Spices Board has asked the country’s commerce ministry to increase the duty on cardamom imports and port restrictions to check falling prices in the domestic market and boost exports. “The import tariff has to be based on average domestic prices and in line with the WTO provisions. Ports of entry for cardamom should […]