Rains help propel cardamom prices higher

Guatemalan cardamom prices have shown increases of late on early forecasts that the 2014/15 crop will be lower than that of 2013/14. The Current price of P2 grade of bold green cardamom, 7-8mm size from Guatemalan exporter…READ MORE

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Indian Spices Board supports state cardamom expansion

Arunachal Pradesh, India, has signed a memorandum of understanding with the country’s Spices Board, to cultivate spices. The initial focus is on large cardamom. Indian horticulture secretary, Suresh Kumar, signed on behalf of the state, while Spices Board member, Hatobin Mai, signed on behalf of the state government. The board’s chairperson, A Jayathilak, was present […]

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India should develop domestic spices market first

With growing domestic demand for spices, it is important for India to develop this side of the market first, ahead of any export growth, union commerce and industry minister Nirmala Sitharaman said. “The Spices Board has said the largest market for spices is growing in India. We need to have our exports no doubt, but […]

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Spices Board looks to gauge interest in cardamom auction

The Indian Spices Board has invited expressions of interest from prospective entrepreneurs/auctioneers for awarding cardamom auction licence for a period of three years from 2014. This initiative will open up the marketing system of small cardamom and is expected to attract more players to the small cardamom trade and might result in better price realisations, […]

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Indian cardamom crop affected by monsoon delays

The quality of India’s cardamom is being adversely impacted due to delays in monsoon rains, but quality is expected to improve by the middle of next month, according to local sources. Hemen Ruparel of Emperor Akbar Green Cardamom noted that India’s monsoon rains had been delayed by about a month and so far, the rainfall […]

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Guatemalan cardamom sector faces limits to growth

Guatemala’s growth potential as a cardamom producer is constrained by a number of adverse factors, according to a recent assessment by the USDA. In a June 26 report on the sector, the USDA noted: “Cardamom is the ‘green gold of Guatemala’ but the strong spice has several problems limiting further growth – and the taste […]

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Cardamom market facing upward potential

International cardamom prices could show rises over the coming weeks due to a smaller crop in Guatemala and reports of strong demand for cardamom in India. However, any gains ahead in Guatemalan cardamom prices are not expected to be dramatic as a lot of coverage was undertaken earlier in the season when prices were lower. […]

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Indian Spices Market up Due to Escalating Export Demand

Higher domestic and export demand increased the value during the period. The Indian spices market is pegged at 40,000 crore annually of which the branded segment makes up 15 per cent. Demand for major spices increases like Black pepper, Cumin seed, Coriander, Cardamom, Red Chilli etc. In International market demand for Indian spices increasing day […]

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Cardamom Prices Reported Firm in the Domestic Market

Higher export demand reported in the domestic market. Continue export demand improved in the domestic market month on month wise. Severe drought conditions in Cardamom growing regions might delay and drop in next crop is also added bullish sentiment in the market. Supply of cardamom from the estates/farms has come to an end and whatever […]

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Cardamom in Kochi Physical Market Trading Higher

At Kochi market, Cardamom Loose (Max. Price) is trading high at Rs. 1401 per kg, up by 46.86 per cent as compared to previous day. Arrivals were reported at 55209 kgs, up by 15954 kgs from previous day’s arrivals. Cardamom Loose (Avg. Price) is offered firm at Rs. 840 per kg, up by 7.14 per […]

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