Increased availability following a bumper Indian crop this year has put pressure on cardamom prices in the country. The average price has dropped to around Rs230 a kg, compared wth around Rs300 a kg last year. From 476.25 tonnes in 1998/99, Indian cardamom exports rocketed to 676 tonnes in 1999/00…READ MORE
Indian trade estimates, the weighted average price stood at between Rs232.32 a kg and Rs234.93 a kg this season. However, the average November price ranged between Rs215 and Rs230 a kg. INDIAN spice traders are predicting that cardamom prices in the country will remain firm over the coming weeks…READ MORE
DOMESTIC and overseas demand for Indian cardamom have remained weak. This year’s festival season has failed to have the usual impact on cardamom demand. Diwali religious festival and the holy month of Ramadan stimulate an influx of extra buying, but that has not been the case this year and prices at the regular auctions are […]
A 100% duty on cardamom imports has been proposed instead of 70%, in order to prevent a further fall in prices due to excess supply. Cardamom growers are reeling from a fall in prices during the current 2005/06 fiscal year. Indian cardamom exports have also seen a decline over the last two years in terms […]
Indian cardamom exports, which stood at 3,272 tonnes in 1985/86, gradually dropped to 650 tonnes in 2004/05, against 757 tonnes the year before. The rest is expected to go to exporters of cardamom as a freight subsidy…READ MORE
INDIAN cardamom production has been projected to rise by between 15% and 20% in the current fiscal year and may breach the 12,000tonne mark. In the first quarter of 2005, India exported 110 tonnes of cardamom worth Rs36.7m. Exports for all of 2004/05 totalled 650 tonnes worth Rs238.9m…READ MORE
INDIAN cardamom production has been projected to increase by between 15% and 20% in the current fiscal year and may breach the 12,000-tonne mark, compared with between 9,000 and 9,500 tonnes produced in 2004/05. INDIA Estimates for 2005/06 production were around 11,000 tonnes. However, this figure could rise if the cardamom producing regions receive favourable […]
India’s cardamom exports, which stood at 3,272 tonnes in 1985/86, have gradually dropped over the years, to such an extent that the shipments in the last fiscal year were pegged at 650 tonnes, down 107 tonnes from the previous year…READ MORE
THE Indian government has approved subsidy schemes proposed by the Spices Board to assist cardamom growers. Cardamom growers will benefit from a fuel-efficient curing method. 300 cardamom growers will benefit from rainwater harvesting projects…READ MORE
INDIA’S Spices Board has further extended the airfreight assistance of Rs45 ($1.02) a kg for cardamom exports to West Asian countries up to February 28 in order to make the Indian product competitive in overseas markets…READ MORE