India slashes cardamom crop outlook

INDIAN cardamom dealers have become increasingly concerned over the lack of rain across key growing regions and likely impact of this on output. In an August 17 market report, Emperor Akbar Green Cardamoms noted that for the week to August 1, the state of Kerala had a 67% deficiency in rainfall while Tamil Nadu had […]

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India expects lower crop of cardamom due to lack of rain

INDIA’S 2012 cardamom output is expected to be lower than that of last year due to the current severe lack of rains which looks set to adversely impact the next set of pickings in September. Typically, there are three to four pickings made from India’s cardamom crop over the course of the year. Mamta Ruparel […]

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Turmeric leads gain in spice values

TURMERIC led an upsurge in Indian spice prices on June 20 due to renewed fears of a fall in output this kharif season. Deficient rainfall this monsoon has also hit germination. While turmeric hit the upper circuit on the National Commodity & Derivatives Exchange (NCDEX), chilli and other spice varieties remained firm. Sowing of turmeric […]

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Turmeric leads gain in spice values

TURMERIC led an upsurge in Indian spice prices on June 20 due to renewed fears of a fall in output this kharif season. Deficient rainfall this monsoon has also hit germination. While turmeric hit the upper circuit on the National Commodity & Derivatives Exchange (NCDEX), chilli and other spice varieties remained firm. Sowing of turmeric […]

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Cardamom set for upward pressure

INDIA’S new crop arrivals of green cardamom have suffered additional delays due to lack of rains, local sources have reported. A team of experts from Indian company Emperor Akbar observed that a delay of about one month in this year’s new crop arrivals implied that the carryover stocks from last year’s crop would be sold […]

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Cardamom set for upward pressure

INDIA’S new crop arrivals of green cardamom have suffered additional delays due to lack of rains, local sources have reported. A team of experts from Indian company Emperor Akbar Green Cardamoms observed that a delay of about one month in this year’s new crop arrivals implied that the carryover stocks from last year’s crop would […]

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Indian exporters try to repeat volume high

INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. According to new data from the Indian Spices Board, volume exports in the year to […]

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Guatemala curbs cardamom price as sales weaken

GUATEMALAN cardamom prices have declined of late amid lower demand from key buyer the Middle East and a decline in speculative activity. A Rotterdam-based trader said that as a result of lower demand, prices have been corrected downwards by between five and 10% for the different grades. For jumbo whole green cardamom he indicated a […]

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Indian spice exporters hope to repeat volume record as prices fall

INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. According to new data from the Indian Spices Board, volume exports in the year to […]

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India suffers tight supply of cardamom

INDIA’S forthcoming crop of green cardamom is likely to be further delayed due to lack of rains, putting an additional squeeze on existing tight supplies, industry sources have reported. A team of experts from Indian company Emperor Akbar Green Cardamoms wrote in a June 16 market report that due to inadequate and delayed rainfall, India’s […]

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