Cardamom prices still held back by lack of demand

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 […]

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Indian spice exports value escalates

INDIA recorded a sharp boost in the value of its spice exports over the April to November 2011 period despite a dip in overall volumes. Spices Board data shows that the country’s spice exports generated Rs62bn ($1.17bn) during the latest eight month period, an increase of 43% from the Rs43.35bn achieved between April and November […]

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Spice dealers see potential for more falls in cardamom prices

GUATEMALAN cardamom prices have held relatively stable of late after crashing lower between July and October last year, but traders believe there is further downward potential ahead due to indications of a decent sized crop and concerns that demand might remain slack over the coming months. Andrew Barker, managing director of PBA Brokerage recalled that […]

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Guatemala boosts cardamom exports

GUATEMALA has recorded a sharp increase in its exports of cardamom over the first nine months of this year. Customs data shows that the country shipped a total of 15,072 tonnes of the spice to global destinations between January and September 2011, 28% up from the 11,773 tonnes sold in the same period of 2010. […]

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India sees sharp decline in spice exports

EXPORTS of Indian spices during April to October fell 11.11% year-on-year to 296,100 tonnes, led by a sharp decline in garlic, coriander and chilli, according to data published on the Spices Board website on Tuesday. The exports in the year-ago period stood at 333,130 tonnes. While exports of garlic plummeted 94% to 1,000 tonnes, those […]

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Indian spice sales make strong gains

INDIAN spice exports have shown a 29% increase in rupee value terms over the April to September period despite a decline of 19% in volumes. Total value over the first six months of the current fiscal year reached Rs41.65bn ($920.55m) compared with Rs32.2bn in the same period a year ago. Volumes over the 2011 period […]

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Indian spice exports show strong gains in value terms

INDIAN spice exports have shown a 29% increase in rupee value terms over the April to September period despite a decline of 19% in volumes. Total value over the first six months of the current fiscal year reached Rs41.65bn ($920.55m) compared with Rs32.2bn in the same period a year ago. Volumes over the 2011 period […]

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Indian spice exports show strong gains in value terms

INDIAN spice exports have shown a 29% increase in rupee value terms over the April to September period despite a decline of 19% in volumes. Total value over the first six months of the current fiscal year reached Rs41.65bn ($920.55m) compared with Rs32.2bn in the same period a year ago. Volumes over the 2011 period […]

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Cardamom prices stay down though fungus a concern

GUATEMALAN cardamom prices that dropped as the new crop started remain low despite some possible fungal damage. “Prices dropped on account of a bigger crop, which is thought to be 10% higher than last year at 25,000 to 26,000 tonnes. This is mainly in the green quality,” said a Dutch trader. The one uncertain factor […]

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Guatemala’s lower new crop cardamom prices hold for now

GUATEMALAN cardamom prices that dropped as the new crop started remain low despite some possible fungal damage. “Prices dropped on account of a bigger crop, which is thought to be 10% higher than last year at 25,000 to 26,000 tonnes. This is mainly in the green quality,” said a Dutch trader. “The one uncertain factor […]

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