India earns less for its higher spices exports in August

WHILE India may have shipped out more spices in August than a year before, it is getting lower returns for the consignments. India exported 34,025 tonnes of spices in the month, a 3.5% increase from 32,880 tonnes a year before, according to the Indian Spices Board. However, in value terms exports declined 7.7% to Rs3.88bn […]

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Festival season helps drive cardamom advances

INDIAN cardamom prices gained 10% in the week to September 13, on good overseas and domestic demand. The price of the September delivery contract on the Multi Commodity Exchange gained 9.4% and closed at Rs899 ($18.28) per kg. On the spot market, the weighted average price has risen to Rs720 a kg from Rs595 a […]

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Monthly rise fails to offset spice sales dip

INDIAN spice exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008, but overall sales for the season are still lagging behind those of a year ago. The cumulative export total for the April to July 2009 period is 164,215 tonnes, 14% down from 189,870 tonnes over the […]

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Cardamom sales to Saudi Arabia continue to slip

GUATEMALA’S first half cardamom exports were only moderately behind those of a year ago, despite a substantial decline in sales to top market Saudi Arabia. Between January and June this year Guatemala shipped a total of 12,981 tonnes of cardamoms to global destinations, 12% down from the 11,575 tonnes achieved in the same period of […]

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