Cardamom Futures December Contract Hit Upper Circuit Level

Cardamom December future market up by 2.97% (High – 1361/-Kgs) on Wednesday. Current year picking activity reported delay by 1 month due to drought condition earlier. We expect Cardamom prices likely to move upside in coming days. Domestic buyers reported active in the spot market. They mainly bought good colour 7.5 mm and 8 mm […]

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Crop forecast will continue to pressure cardamom market

Recent trade estimates appear to verify earlier predictions that Guatemala’s 2015/16 cardamom crop would be substantially behind that of previous seasons. Early projections for the next crop (2016/17) show a further decline in output ahead. The Guatemala exporter warned that the next crop is expected to start one month late…READ MORE

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Cardamom sellers seen as searching for support levels

Guatemalan cardamom prices escalated sharply higher at the opening of the new crop in September/October. Now the sellers are searching for support levels and prices have eased out. However, the fact that Guatemala’s crop is smaller than last year might not allow prices to go down much from the current levels on pales green and […]

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