There has been a massive surge in the price of small cardamom in Indian markets of late although the upswing has had little to do with the seasonal festival demand. Cardamom farmers in India have the option to sell their produce either through auctions or directly to traders. The Spices Board introduced the e-auction system […]
India’s purchasing has been less this year as the country had a decent sized crop of its own in 2015. India was not active in the market during the last five or six months and India has been a relatively big buyer for the last three or four years, importing about 5,000 tonnes…READ MORE
Cardamom April future market down by 3.00% (Low – 685.80/Kgs) on Friday. Stockists reported inactive in the Delhi spot market as higher stocks reported…READ MORE
The fourth and fifth round of picking new crop cardamoms in India is almost over but there are still large stocks of old crop material with the planters and stockists. The area under cardamom cultivation has increased in India. This year the total production is estimated to have crossed 25,000 tonnes and may have even […]
India was virtually the sole supplier of cardamom to the world market, and enjoyed a total monopoly for the supply of small cardamom. According to the Spices Board, cardamom output has been rising steadily, from 10,380 tonnes in 2010/11 to 15,000 tonnes in 2011/12, 16,000 tonnes in 2013/14, and 18,000 tonnes in 2014/15…READ MORE
The Spices Board of India will set up an electronic auction platform in the next six months in Sikkim for the sale of organic large cardamom to help farmers command a better price. Sikkim accounts for about 90% of the country’s total output of 4,500 tonnes of large cardamom…READ MORE
Indian cardamom exporters are confident of gaining market share, encouraged by a positive outlook for their country’s crop, the pace of exports achieved so far this season (2015/16) and expectations of maintaining competitive pricing against…READ MORE
Indian cardamom arrivals have continued to be good in recent weeks according to a recent report. India having exported about 3,000 tons of cardamoms and about 12,000-13,000 tonnes of Indian cardamom yet to arrive on the market, the prospects of sizeable exports with subdued prices are good…READ MORE
The second round of picking in India’s new crop of cardamom has begun. All these sources indicate that the markets believe that the prices are at the rock bottom levels and are poised for a turn around. With the Indian rupee weakening against the dollar, Indian exports become cheaper…READ MORE
The world’s largest producers of cardamom India, are exploring ways to collaborate in the sector. India produces on average around 20,000 tonnes of cardamom. In 2014-15, cardamom exports from India went up just 5% to 3,795 tonnes at INR3.23 billion (USD48.67 million)…READ MORE