KOCHI: With widespread adoption of high-yielding varieties, Indian cardamom production is fast catching up with the levels achieved by Guatemala, its traditional rival in the field. In ’12-13, the country produced around 12,000 tonne of small cardamom. “The Spices Board’s final estimates show that production stood at 11,920 tonne,” Mr Koshy John, director, Development, Spices […]
Indian cardamom prices have been subjected to downward pressure of late due to 2012 crop carryover stocks of about 2,000 tonnes and the early start of harvesting of this year’s crop. In a July 16 market report, Emperor Akbar Green Cardamom of Mumbai confirmed that harvesting of the new crop had started early due to […]
Prices of most Indian spices have held steady over the first half of this year as demand has remained favorable despite global economic concerns, Mumbai-based international broker Spicexim observed in a report released this month. The company noted that the trade had adjusted to the economic environment prevalent over the last three years. Price fluctuations […]