GUATEMALA has seen strong demand from India for its cardamom in recent weeks as the Asian country looks to make up for a shortfall in its own output. Sales have also been encouraged by the fact that Guatemala has maintained low price offers on its mixed yellow quality (MYQ) and pale green cardamoms as it […]
GUATEMALA has seen strong demand from India for its cardamom in recent weeks as the Asian country looks to make up for a shortfall in its own output. Sales have also been encouraged by the fact that Guatemala has maintained low price offers on its mixed yellow quality (MYQ) and pale green cardamoms as it […]
AS one of India’s most respected commodity exporters for nearly four decades, Samex Agency has seen its fair share of turmoil in spice markets, but this year’s cardamom situation is certainly noteworthy. Hemen Mulraj Ruparel, manager for marketing and operations at Mumbai-based Samex which also has processing facilities in Kandla and Kochi, noted: “The last […]
INDIAN spice dealers are keeping a close watch on how cardamom trading progresses in the country following the recent resumption of cardamom auctions. In a November 8 market report Emperor Akbar Green Cardamoms commented: “The disruption of the trade for over a month has raised serious questions on the organisation of the cardamom industry in […]
THE decision by the Spices Board to allow farmers to decide whether to sell cardamom directly to licenced dealers or through auction has met with a mixed reaction, The Economic Times of India has reported. The newspaper noted that traders felt that the farmers had the choice earlier too but were using the auction route […]
INDIA’S cardamom auctions have resumed in full swing as traders and planters have settled for a ‘tick’ price of Rs2 ($0.03), Emperor Akbar Green Cardamoms said in a report released today. “The disruption of the trade for over a month has raised serious questions on the organisation of the cardamom industry in India. Local issues […]
INDIA’S Spices Board is looking to develop an alternative direct marketing system for cardamom to bypass the auction system, offering new trading platforms for farmers. Cardamom growers in the states of Kerala, Tamil Nadu and Karnataka are being provided an opportunity in the forthcoming India International Trade Fair in New Delhi for marketing their produce […]
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 […]