+44 (787) 4400888

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 prices of mixed yellow quality (MYQ) and seeds had fallen particularly severely over the last three to four months. "Seeds are now trading well under half of what they were trading six months ago, while MYQ is trading at least 200% less than they were six months ago," he toldThe Public Ledger. Mr Barker noted that although whole green qualities had declined substantially in price they were now relatively stable in value at around $11 a kg with large whole greens at $12 a kg... Read More

Comments are closed.

Scroll to Top