UNIFICATION of the tax rates in India’s states of Kerala and Tamil Nadu and the implementation of VAT at a rate of 2% will help boost the cardamom business in Keral. This will facilitate the entry of more local dealers from Kerala to the small cardamom trade…READ MORE
Indian spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. CARDAMOM prices could be set to rise in the coming months a mid strong demand and the possibility of a smaller crop in…READ MORE
INDIAN spice dealers are expecting strong domestic demand for new crop cardamom to help underpin prices of the spice. Indian demand estimated between 12,500 to 13,500 tonnes, we will have about 2,000 to 3,000 tonnes for export which, though lower than last year…READ MORE
INDIAN cardamom dealers have become increasingly concerned over the lack of rain across key growing regions and likely impact of this on output. Total Indian crop of around 16,000 tonnes compared with more than 19,000 tonnes in 2011…READ MORE
INDIA’S 2012 cardamom output is expected to be lower than that of last year due to the current severe lack of rains which looks set to adversely impact the next set of pickings in September. Typically, there are three to four pickings made from India’s cardamom crop over the course of the year…READ MORE
INDIA’S new crop arrivals of green cardamom have suffered additional delays due to lack of rains. A delay of about one month in this year’s new crop arrivals implied that the carryover stocks from last year’s crop would be sold and consumed before the new crop was under way…READ MORE
INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. Indian spices were shipped to 143 countries in 2011/12 compared with 137 a year earlier…READ […]
INDIA’S forthcoming crop of green cardamom is likely to be further delayed due to lack of rains, putting an additional squeeze on existing tight supplies. India’s new crop was expected to be further delayed by more than 15 to 20 days…READ MORE
India was largely absent as a seller in December as harvesting was disrupted by blockades and violent protests over the Mullaperiyar dam issue. This stopped movement of cardamom from the growing areas in Kerala’s Idukki district to the main trading centre, Bodinayakannur in Tamil Nadu…READ MORE
INDIAN spice exports have shown a 29% increase in rupee value terms over the April to September period despite a decline of 19% in volumes. The unit value of large cardamom has increased to Rs809.82 per kg between April and September 2011 from Rs474.68 per kg in the equivalent phase of 2010…READ MORE