Guatemala eases cardamom out to control final prices

GUATEMALAN cardamom farmers are releasing new crop material to the market very slowly, which has given the misleading impression that global output might be low this year when latest indications suggest there should be reasonable level of overall availability. Indian media reports have remarked on the anomaly that Indian cardamom prices have been plummeting in […]

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Cardamom farmers slow sales confuse global picture

GUATEMALAN cardamom farmers are releasing new crop material to the market very slowly, which has given the misleading impression that global output might be low this year when latest indications suggest there should be reasonable level of overall availability. Indian media reports have remarked on the anomaly that Indian cardamom prices have been plummeting in […]

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We have no choice than to remain sidelined-We were ransomed here

ON the Friday afternoon that The Public Ledger spoke with Gerwald Kras of the Rotterdam office of pepper processor Olam International, something odd had happened that epitomised the shifting power in many agricultural commodities. “It’s very strange. Vietnam is not even a seller today,” he said. “Indian prices moved up by 3% on the exchange […]

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Long harvest sees cardamom drop

INDIAN spice traders are expecting declines in prices of the country’s cardamom in the coming weeks as farmers release stocks on fears of an extended harvest season. A report in The Financial Express said that following a slow down in February, arrivals had increased at the auction centres as farmers released more cardamom into the […]

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Indian cardamom prices seen declining on extended harvest

INDIAN spice traders are expecting declines in prices of the country’s cardamom in the coming weeks as farmers release stocks on fears of an extended harvest season. A report in The Financial Express said that following a slow down in February, arrivals had increased at the auction centres as farmers released more cardamom into the […]

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Japanese disaster sparks short-term havoc to trading

SPICE traders believe that Japan’s earthquake might slow down deliveries to the country but that things should return to normal relatively quickly. For the past two years, Japan has imported just over 100,000 tonnes of various spices, having dropped from a steady 120,000 tonnes or so in preceding years as ginger deliveries slid. Ginger (in […]

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Sales of popular spices see Indian exports climbing

INDIAN spice exports during the first 10 months of the current fiscal year were up by 5% in volume and 18% in rupee value terms largely due to higher overseas sales of chilli, garlic, ginger and oleoresins. In contrast with the success seen in these items, exports of pepper, cardamom, turmeric and mint products are […]

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Indian authorities planning park to up export quality

THE Indian Spices Board plans to set up an export unit in 100 acres of land at Thodupuzha, which would help farmers sell their products directly. With major spice consumers such as the US and Europe demanding more quality compliance from producing countries, the spices parks emerging in various parts of the country will aim […]

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Rumours surrounding a possible rebound in cardamom oil prices

CARDAMOM oil prices, which rose to spectacular highs throughout last year, have crashed down by 24% since October 2010 although rumours of a recovery abound. During 2010 cardamom prices started a rapid ascent from $350 per kg on a spot basis from Guatemala in February to $590 per kg in October, when things took an […]

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Indian Spices Board plans export unit at Thodupuzha

THE Indian Spices Board is planning to set up an export unit in 100 acres of land at Thodupuzha, which would help the farmers sell their products directly. With major spice consumers such as the US and Europe demanding more quality compliance from producing countries, the Spices Parks emerging at various parts of the country […]

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