If you turn off the main road from the city of Cobán and drive down a dirt road, you will come across a magical green kingdom. Tall bushes of coffee and cardamom grow on the pine-topped hills that recede into the distance. But it is a cursed kingdom. The coffee and cardamom bushes in this […]
SINCE taking over as chairman of the Indian Spices Board in early July 2011, A Jayathilak, a former medico-turned Indian Administrative Services (IAS) officer, has been able to maintain the high growth rate that Indian spice exports have demonstrated over the past six years. Moreover, the value of Indian spice exports for the financial year […]
HASSAD Food Company, the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500m in India after buying Bush Foods Overseas. Nasser Mohammad al-Hajri, chairman of Hassad Food Company, said the investment will be in the production of rice, coffee, cardamom and “ready-made foods”. Hassad said on April 3 that it had agreed […]
GUATEMALAN cardamom prices have shown mixed directions of late depending on grades and availability. The amount of whole green cardamom of bold colour of medium to larger sizes appears to be limited and this is pushing prices of these grades higher. Andrew Barker, managing director of PBA Brokerage, told The Public Ledger that this upturn […]
INDIA’S Spices Board is keen to boost sales in South America. The Times of India reported that board has estimated that this market would be worth Rs5bn ($91.84m). In an attempt to achieve this target, the board has been attending more trade shows in this market for the past two years. PS Sreekantan Thampi, deputy […]
THERE is no denying the fact that India is a major player in the global spice market. However, there is further scope for the country to fully exploit its position as a key spice producer, according to Faiyaz Hudani, senior analyst at Mumbai-based Kotak Commodity Services. “Despite being a major producer of spices in the […]
INDIA’S Spices Board is making moves to halt the illegal entry of cardamom into the country. The board has alerted the commissioners of customs at major ports to take action against illegal imports through land-locked and border countries, such as Nepal, Bhutan, Bangladesh and Pakistan. Although the imports are officially estimated at a mere 200 […]
INDIA’S government will set up two panels to investigate and help resolve problems related to pepper and cardamom futures trading. Pepper futures trading has been under scrutiny in India since mid-December when around 8,000 tonnes of the spice stored in six National Commodity & Derivatives Exchange (NCDEX) registered warehouses in Kochi were sealed by the […]
INDIA’S government will set up two panels to investigate and help resolve problems related to pepper and cardamom futures trading. Pepper futures trading has been under scrutiny in India since mid-December when around 8,000 tonnes of the spice stored in six National Commodity & Derivatives Exchange (NCDEX) registered warehouses in Kochi were sealed by the […]
DEBATE continues over the likely final outcome of Guatemala’s 2012/13 cardamom crop, with some European dealers still convinced it will end up ahead of that of 2011/12, while others are claiming it will be lower. Harvesting normally runs to March or April each year so a clearer picture could be some months away. In the […]