Indian cardamom prices, which had previously surged by Rs 120 ($2.57) a kg in a fortnight, have dropped by Rs 20 at the auction held in the Keralan town of Kumily. Ten tonnes were bought by exporters, while the rest was bought by North Indian dealers…READ MORE
INDIAN cardamom prices have been rising recently due to strong domestic demand. Average prices in Kumily, Kerala the country’s main cardamom selling centre reached Rs419 ($9) a kg, a three-year high. The coming festival season and reports of a decline in Indian production of up to 30% from last year’s level are thought to be […]
SUPPLY and demand trends suggest that Indian cardamom prices could be set for an upward surge. If the initial trends are any indication, cardamom prices may move upward in the coming days of the current season, which officially began on August 1…READ MORE