Indian cardamom buckles under hefty arrivals at auction centres

INDIAN cardamom prices declined steeply in the week to September 17 due to a substantial increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressure. The Business Standard newspaper reported that, for the first time since January, prices fell below the Rs1,000 ($21.30) per kg level to between Rs950 […]

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Selling pressure sends Indian cardamom prices sharply lower

INDIAN cardamom prices declined steeply in the week to September 17 due to a sharp increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressure, the Business Standard has reported. The newspaper explained that for the first time since January prices fell below the Rs1,000 ($21.30) per kg level […]

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Guatemala sees slide in cardamom sales

GUATEMALAN cardamom exports showed a substantial decline over the first six months of this year due to lower output, although there has been some marginal recovery in volumes to key markets from the slump seen in the first quarter of 2010. The country shipped a total of 10,081 tonnes to global destinations between January and […]

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Africa part of Harrisons revival

DIVERSIFIED Indian agribusiness, Harrisons Malayalam, has confirmed it is in talks with Ethiopian officials over leasing land to develop plantations. Responding to reports that the rubber and tea giant was looking to lease land for 99 years at a cost of $1 an acre, Pankaj Kapoor, managing director at Harrisons, told the Hindu Business Line: […]

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Indian plantations giant close to sealing Ethiopian deal

DIVERSIFIED Indian agribusiness, Harrisons Malayalam, has confirmed it is in talks with Ethiopian officials over leasing land to develop plantations. Responding to reports that the rubber and tea giant was looking to lease land for 99 at a cost of $1 an acre, Pankaj Kapoor, managing director at Harrisons Malayalam, told the Hindu Business Line: […]

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Indian cardamom eases on better supply

OVER the course of the week to September 7, there was a considerable easing in prices of Indian cardamom as concerns over the crop have abated. With heavy rains finally letting up, cardamom farmers of Kerala’s Idukki district, who contribute more than 70% of the aromatic spice produced in India, have stopped worrying over the […]

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Improved Indian crop outlook leads to cardamom weakness

OVER the course of the week to September 7, there was a considerable easing in prices of Indian cardamom as concerns over the crop have abated. With heavy rains finally letting up, cardamom farmers of Kerala’s Idukki district, who contribute more than 70% of the aromatic spice produced in India, have stopped worrying over the […]

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