GLOBAL pimento prices have been relatively stable to slightly weak as continued sluggish demand cancels out the potential bullishness of this year’s lower crops. On Monday, Kai Jantzen of Hamburg trader Jantzen & Deeke, remarked: “It’s kind of amazing. Whatever the perspective of the crop was, a good chunk has been traded in August and […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]
UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Kerala, according to A Jayathilak, chairman of the Spices Board. “This will facilitate the entry of more local dealers from Kerala to the small cardamom […]
CARDAMOM prices could be set to rise in the coming months amid strong demand and the possibility of a smaller crop in Guatemala. The new crop in Guatemala, which begins this month and runs through to around April next year, could decline to around 24,000 tonnes, compared with around 28,000 tonnes in the season just […]
INDIAN spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. In an August 30 market report Emperor Akbar Green Cardamoms of Mumbai said that domestic festival demand would start in a few days and this would coincide with new crop arrivals. “Most of the domestic consumption […]
INDIAN spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. In an August 30 market report Emperor Akbar Green Cardamoms of Mumbai said that domestic festival demand would start in a few days and this would coincide with new crop arrivals. “Most of the domestic consumption […]
INDIAN cardamom dealers have become increasingly concerned over the lack of rain across key growing regions and likely impact of this on output. In an August 17 market report, Emperor Akbar Green Cardamoms noted that for the week to August 1, the state of Kerala had a 67% deficiency in rainfall while Tamil Nadu had […]
INDIAN cardamom dealers have become increasingly concerned over the lack of rain across key growing regions and likely impact of this on output. In an August 17 market report, Emperor Akbar Green Cardamoms noted that for the week to August 1, the state of Kerala had a 67% deficiency in rainfall while Tamil Nadu had […]
INDIA’S 2012 cardamom output is expected to be lower than that of last year due to the current severe lack of rains which looks set to adversely impact the next set of pickings in September. Typically, there are three to four pickings made from India’s cardamom crop over the course of the year. Mamta Ruparel […]
TURMERIC led an upsurge in Indian spice prices on June 20 due to renewed fears of a fall in output this kharif season. Deficient rainfall this monsoon has also hit germination. While turmeric hit the upper circuit on the National Commodity & Derivatives Exchange (NCDEX), chilli and other spice varieties remained firm. Sowing of turmeric […]