INDIAN cardamom prices have been on the slide since hitting a recent high mark of Rs1,980 ($44.50) per kg in June this year; and have now fallen below the Rs900 a kg mark. Supply has far outweighed demand, since the second round of picking of the harvest is in full swing and will peak towards […]
INDIAN cardamom prices declined steeply in the week to September 17 due to a substantial increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressure. The first time since January, prices fell below the Rs1,000 ($21.30) per kg level to between Rs950 and Rs970 a kg…READ MORE
INDIAN cardamom prices declined steeply in the week to September 17 due to a sharp increase in arrivals at various auction centres in Kerala and Tamil Nadu and strong selling pressur In January, the average price of Indian cardamom was Rs1,016 a kg. Prices went up to Rs1,513 per kg in June, with the best […]
September 7, there was a considerable easing in prices of Indian cardamom as concerns over the crop have abated. Cardamom plants are sensitive to rain, with productivity being directly related to the volume and number of days of rainfall…READ MORE
A STEADY rise in the price of cardamom in India has prompted some farmers to apply steroids and allopathic medicines to the plants to increase production. Indian cardamom has been free from pricing fluctuations at the auction centres for the past two years…READ MORE
A total of 502,750 tonnes of spices valued at Rs55.61bn ($1.21bn) were exported, improving upon the 2008/09 performance by 7% in volume and 5% in terms of value. India’s overseas sales of small cardamom was at an all-time high in 2009/10 in terms of value at Rs1.66bn from 1,975 tonnes, compared with the Rs473m generated […]
For cardamom, total exports in 2009/10 stood at 1,909 tonnes valued at Rs1.54bn, against 655 tonnes worth Rs414m last year. Indian Spices Board say that during February and March this year, 495 tonnes of cardamom were exported at an average fob unit value of Rs970 per kg, compared with 121 tonnes with a value of […]
INDIA recorded an 18% boost in its spice exports in value terms this January compared with the same month last year. Shipments of small cardamom rose to 310 tonnes valued at Rs750m this January, up from 55 tonnes valued around Rs50m previously…READ MORE
INDIA recorded an 18% boost in its spice exports in value terms this January compared with the same month last year, driven by strong advances in shipments of cardamom. India also benefited from a global shortage of cardamom, exporting 310 tonnes of small cardamom valued Rs750m this January, up from 55 tonnes valued around Rs50m […]
India imports around 300 to 500 tonnes of cardamom a year, which helps in limiting the domestic price. The world shortage has also helped in more exports from India. Exports during the month of October were almost 400% more than the same period last year, while they were around 100% more than the previous month…READ […]