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GUATEMALAN cardamom prices have sustained sharp increases over the last few weeks due to a general scarcity of material on the market. On Monday, Andrew Barker of the trading division of UK company Natco Foods told The Public Ledger that mixed yellow quality (MYQ) cardamom of minimum 360 grams per litre had escalated to current levels of around $8.00 a kg c&f main European ports from $5.10 a kg eight weeks ago. Mr Barker added that over the same period medium bold material had risen to around $11.00 a kg c&f from $8.50 to $9.00 a kg previously. "That is because the traders are now realising that the crop is a lot smaller than they thought it was... Read More

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