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AS one of India's most respected commodity exporters for nearly four decades, Samex Agency has seen its fair share of turmoil in spice markets, but this year's cardamom situation is certainly noteworthy. Hemen Mulraj Ruparel, manager for marketing and operations at Mumbai-based Samex which also has processing facilities in Kandla and Kochi, noted: "The last week of November has seen the markets jump up by about Rs100 ($1.84) to Rs150 per kg at the auctions, thanks to strong support by speculators and stockists. The average price has crossed Rs800 per kg."... Read More

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