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GUATEMALAN cardamom prices have remained prone to downward pressure due to generally slack demand and a comfortable level of availability. The arrival of India's forthcoming new crop has added to the bearish tone. Andrew Barker, managing director of PBA Brokerage, told The Public Ledger: "There is definitely stock in Europe of all various types of cardamoms and it is not moving that fast." Potential buyers have been hesitating as they are well aware that the market is weak. In addition, overall demand for industrial foodstuffs so far this year has been slow in general... Read More

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