Spices Board alerts Customs to act against illegal cardamom imports
In a bid to arrest the entry of cardamom illegally into the country, the Spices Board has alerted the Commissioners of Customs at major ports to take action against illegal imports through land-locked and border countries, such as Nepal, Bhutan, Bangladesh, Pakistan, etc.Read More..
Cardamom drops on reports of imports from Guatemala
The cardamom market lost flavour last week on weak demand following reports of imports in large quantity of the commodity from Guatemala at low prices.Read More..
Dip in mercury robs cardamom of its flavour
The cardamom market remained easier to nearly steady last week on lack of aggressive buying by upcountry dealers and a similar trend on the part of exporters at the auctions. The severe cold wave conditions and sharp fall in temperatures in the North ...Read More..
Cardamom loses flavour on slack demand
The cardamom market turned sluggish last week on slack demand from domestic and export markets at auctions. Upcountry buyers slowed down buying, while exporters are believed to have stayed away saying prices were too high for their clients. Consequently, individual auction average dropped to below Rs 800 a kg, trade sources said.Read More..
Cardamom loses aroma on arrival of old stocks
The cardamom market recovered at auctions in the last two days after easing during the middle of last week. The individual auction average dropped to below Rs 800 a kg on Thursday and Friday but picked up on Saturday and Sunday to Rs 817 and Rs 826 a kg respectively, trade sources said.Read More..
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Alternative marketing for cardamom bypassing auctions
Aiming to develop alternate direct marketing system to bypass the auction system, the Spices Board is offering new trading platforms for farmers. Cardamom growers in the states of Kerala, Tamil Nadu and Karnataka are being provided an opportunity in the coming India International Trade Fair in New Delhi for marketing their produce in the potential North Indian market, a board press release said today.Read More..
Traders may end cardamom auction’s boycott tomorrow
A majority of traders continued to boycott cardamom auctions resulting in thin trading activities at auctions last week, even as harvesting has picked up.Read More..
Large Cardamom is coming back to its bright days again in Sikkim
NOVEMBER 2012: After a decade long gloomy spell, the bright days are back for Sikkim's Large Cardamom. The state, considered as Large Cardamom epicenter of the world, is expecting high growth in auction sales of this aromatic spice in 2012-13.Read More..
Irked by bidding rate, many traders keep off cardamom sale
Even though cardamom auction has resumed last Wednesday, the volume was much less as only one-third of the traders reportedly participated at the auctions.Read More..
Cardamom auction resumes in Kerala
The auction of small cardamom at Spices Board’s Spice Park in Puttady resumed today after a month-long suspension forced by cardamom dealers’ protest against the rise in auction bidding prices.Read More..
Cardamom auctions resume
The auctions of small cardamom, which remained suspended for nearly a month on account of the non-participation of the cardamom dealers in protest against the move to raise auction bidding prices, resumed today. The auction that took place in the spice park of the Spices Board in Puttady in Kerala, had fairly good participation of cardamom dealers from Kerala and Tamil Nadu.Read More..
Spices Board cuts bidding rate for cardamom sale to Rs 2
Spices Board has decided to resume cardamom auction from October 24. It has directed the auctioneers to conduct auctions on the day fixed for each of them.Read More..
Cardamom auction to resume tomorrow
The Spices Board on Monday issued a circular reducing the bidding rate of cardamom from Rs.5 to Rs.2, which will come in to force from Wednesday.Read More..
Cardamom sector crisis hits workers’ wages
The crisis in the cardamom sector following a boycott of auction centres by traders from September 25 is likely to affect the labour sector too, as the planters are unable to clear the weekly wages (workers are paid on Saturday) owing to stockpiling of produce.Read More..
Court asks Spices Board to resume cardamom auction
The Kerala High Court on Friday asked the Spices Board to resume cardamom auctions that were not held for over three weeks now following a decision to raise the minimum bidding rate from Rs 0.50 to Rs 5 by the Board.Read More..
VAT refunds for Idukki cardamom traders expedited
Cardamom traders of Idukki district will receive their value-added tax (VAT) refunds within a month, according to Finance Minister K. M. Mani. An official spokesman quoted the Minister as saying that, under existing rules, the VAT refund would usually take a year after the traders take part in the cardamom auction.Read More..
Stalemate in cardamom trade continues
Even as the stalemate in cardamom trade continued for the second week with no trading activities and a solution in sight, growers and traders are understood to have sought the help of the judiciary to find a suitable solution.Read More..
Prolonged disruption of cardamom auctions hit exports
Prolonged disruption of cardamom auctions has hit exports. cardamom auctions have come to a standstill for last two weeks due to a stand off between the traders and the Spices Board over the minimum bidding rate.Read More..
Cardamom Farmers in Crisis
ഇടുക്കിയിലെ ഏലം മേഖല പ്രതിസന്ധിയിലേക്ക്. ഏലം ലേല കേന്ദ്രങ്ങളില് ലേലം മുടങ്ങിയിട്ട് ഒരാഴ്ച കഴിഞ്ഞു. ലേലവില ഉയര്ത്തിനെ തുടര്ന്ന് വ്യാപാരികള് കൂട്ടമായി ലേലം ബഹിഷ്കരിച്ചതോടെയാണ് ലേലം മുടങ്ങിയത്. വര്ദ്ധിച്ച കൃഷിച്ചെലവിനെ തുടര്ന്ന് കൃഷിയില് നഷ്ടം നേരിടുന്ന കര്ഷകര്ക്ക് ലേലം കൂടി മുടങ്ങിയത് പ്രതിസന്ധി സൃഷ്ടിക്കുകയാണ്.Read More..
New tax regime could boost cardamom trade in Kerala: Spices board chairman
Unification of the tax rates in Kerala and Tamil Nadu and the implementation of KVAT at a rate of 2% will facilitate a boom in the cardamom business in Kerala, said Dr A Jayathilak, chairman of the Spices Board. "This will facilitate the entry of more local dealers from Kerala to the small cardamom trade," he said in his letter to the agriculture production commissioner of Kerala.Read More..
Hike in bidding rates hits cardamom trade
Increasing of minimum bidding rates for cardamom at auctions has brought cardamom trade to a grinding halt as all traders opposed to the newly-introduced higher rates abstained from auctions held in the last one week.Read More..
Traders oppose bidding-price hike; abstain from cardamom auction
Cardamom auctions have been disrupted in the nation for last seven days with traders abstaining and complaining irrational increase in the incremental price for bidding. State-run Spices Board conducts cardamom auctions in the country through licensed auctioneers and dealers. Spices Board had introduced e-auction for cardamom in 2007 replacing the traditional outcry auctions to ensure transparency. India produces around 10,000-12,000 tonne of cardamom annually with the total global production pegged around 35,000 tonne.Read More..
Kerala asked to cut VAT on cardamom trade
Spices Board has asked the Kerala Government to reduce VAT on cardamom business from five to two per cent to make it comparable to the rates existing in other states, including neighbouring Tamil Nadu, to help local trade in the high value spice.Read More..
Cardamom prices may touch all-time high on poor crop
Cardamom prices are set to rise to record levels during the current year due to lower and delayed crop in the country. Domestic auction prices had gone up 27.7 per cent to Rs 771 a kg in July, against Rs 604 a kg in the year-ago period.Read More..
Cardamom prices under pressure
A month-long losing streak in cardamom prices have almost paused for the time being. But prices are still trading well below its recent peak of Rs 1,500 a kg. Since the start of August, prices continued to hit lows and dropped to Rs 707.40/ kg last week. Prices lost almost 50 per cent in the futures platform during the period.Read More..
Demand for Cardamom may decline post pan masala ban
Geojit Comtrade has come out with its report on spices. According to the research firm, the domestic demand for Cardamom is expected to decline as consumption of pan masala has been banned by a few states in India.Read More..
Export enquiries add flavour to cardamom
The cardamom market was by and large steady last week at auctions held in Kerala and Tamil Nadu on nearly matching demand and supply.Read More..
Cardamom eases on poor buying interest
The cardamom market continued to witness a declining trend last week on slack demand at auctions held in Kerala and Tamil Nadu. Buyers were seen unenthusiastic giving the impression that the upcountry markets are holding good stocks and fresh buying ...Read More..
Guatemalan Cardamom and Radaman
The current harvest will not be in time to take advantage of peak consumption which occurs during Radaman, which this year has been moved forward in the calendar.Read More..
Dry spell impedes sowing of spices
Cardamom growers are expecting a 40% shortfall in production due to the absence of backup showers. "Though this is the harvest time, arrivals from the current crop are marginal. Of the 65 tonne coming for auctions, around 60 tonne are from old stocks ...Read More..
Spice war: India v Guatemala
A cardamom war appears to be brewing. Producers in the Indian states of Kerala and Tamil Nadu claim that they face unfair competition from illegal imports of the spice from the world’s biggest exporter, which is – wait for it! – Guatemala, in Central America.Read More..
Cardamom firm on stock buying
The cardamom market continued its northward run last week with high volatility at auctions held in Kerala and Tamil Nadu. Despite an increase in arrivals last week the prices moved up and the individual auction average vacillated between Rs 800 and Rs ...Read More..
Cardamom withers in dry heat
KOCHI: The unusually hot weather and scant rainfall in Idukki district is expected to lead to a crop failure in fiscal 2013, warn cardamom farmers and traders. Rising temperatures combined with drought has resulted in cardamom plants withering in six panchayats of the district. It is estimated that the crop failure will account for 40% of the planted crop in fiscal 2012.Read More..
Cardamom rules steady despite higher arrivals
The cardamom arrivals last week showed a marginal increase and yet the prices ruled steady to firm on a somewhat matching demand and supply at the auctions held in Kerala and Tamil Nadu. The money requirement before the financial year closing is said ...Read More..
Spices exports surge by 47%
Despite very small growth in volumes, Indian spices exports have been able to record strident gains in value realisation.Read More..
Food safety issues worry Indian spice industry
The countries that import the maximum of spice products from India are Malaysia for chilli and coriander, USA for pepper, celery, spice oils and oleo resins, China for mint products, Saudi Arabia for cardamom, UAE for turmeric, Bangladesh for ginger ...Read More..
Cardamom prices firm on export buying
Export buying kept cardamom prices steady during the past few weeks at auctions held in Kerala and Tamil Nadu despite heavy arrivals.Read More..
Urea prices set to shoot up 40%
Urea prices are set to soar by as much as 40 per cent. An inter-ministerial consultation process is expected to begin next weekRead More..
100 சதவீதம் ஏலக்காய் சாகுபடி அதிகரிப்பு
கடந்த ஆண்டைக் காட்டிலும், இவ்வாண்டில், 100 சதவீதம் ஏலக்காய் சாகுபடி அதிகரித்துள்ளது; எனினும், சராசரி விலையை விட,50 சதவீதம் விலை குறைந்துள்ளது, விவசாயிகளை கவலையடையச் செய்துள்ளதுRead More..
Mullaperiyar dam dispute hampers cardamom trade
The disruption in auction has led to a shortage of cardamom for exports which have done well this year in the absence of good-quality Guatemalan cardamom in ...Read More..
Price stability fund for cardamom favoured
Cardamom farmers expect prices to improve as auctions resume on Tuesday after a gap of more than 20 days Auctions have been stalled since December 5 ...Read More..
Cardamom rules steady gas growers hold back produce
The cardamom market continued to rule steady on matching demand and supply following decline in arrivals at auctions held last week. Total arrivals dropped to about 450 tonnes from around 505 tonnes in the previous week.Read More..
Spot rubber prices improve
Physical rubber prices improved on Monday. The strengthening North East monsoon has interrupted tapping in some plantation areas and the supplies are expected to worsen further. According to observers, the market improved in tune with early gains in domestic futures but lost the initial strength following the late declines on the National Multi Commodity Exchange.Read More..
Cardamom average price dips to Rs 500/kg
The cardamom market declined last week as supply outstripped demand at auctions held in Kerala and Tamil Nadu.Read More..
Rubber Board looking at group approach to raise output
The Rubber Board is trying to promote a group approach in rubber production and marketing, its Chairperson, Ms Sheela Thomas, said. "Enhancing productivity of rubber plantations through systematic replanting, accelerating new planting with focus on non-traditional rubber growing regions."Read More..
Spices Board to push ahead with re-plantation, rejuvenation of pepper
The Spices Board has achieved re-plantation and rejuvenation of pepper in about 8,000 hectares. Speaking at the 118th Upasi (United Planters Association of Southern India) annual meet on commodity outlook for spices, Mr P. M. Suresh Kumar, Secretary, Spices Board, "So far about Rs. 16.38 crore has been disbursed, and support for production improvement in States is continuing."Read More..
Cardamom rules steady on Diwali buying
The cardamom market ruled nearly steady last week with marginal fluctuations on matching demand-supply at auctions. Total arrivals during the week dropped to around 520 tonnes from over 600 tonnes the previous week. The decline in arrivals was due to the auction holiday on Sunday on account of Gandhi Jayanti, trade sources said.Read More..
04-03-2013 : Spices Board alerts Customs to act against illegal cardamom imports
18-02-2013 : Cardamom drops on reports of imports from Guatemala
07-01-2013 : Dip in mercury robs cardamom of its flavour