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CARDAMOM traders are bracing themselves for higher prices over the next three months amid the belief that Guatemalan material is currently undervalued. Over the past month, Guatemalan cardamom exporters cut prices of 2003 stocks to stimulate buying interest ahead of the new crop, which is currently being harvested and should be available in December. European buyers quickly snapped up the old crop material and since then prices have firmed, albeit from historically low levels... Read More

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