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INDIAN cardamom prices rose about 10% over the last month due to falling arrivals, rising export demand and a weak rupee, local analysts and traders have observed. At 4:02pm on May 15, the benchmark June contract on the Multi Commodity Exchange of India was trading at Rs633.50 ($14.85) per kg, up 0.56%. The contract rose 9.6% in one month to May 14. Kunal Shah, analyst at Motilal Oswal Commodities Broker, told news agency Reuters: "Arrivals are almost nil at this time as the harvesting season has already ended in March." India's cardamom harvest starts in August and continues until March... Read More

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