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Indian Cardamom Poised for Ramadan Demand Amid Guatemala Shortfall by Amit Gupta, Kedia Advisory With Guatemala's cardamom production for 2024-25 predicted to fall by 40-50%, India's cardamom industry is preparing for a possible export boost ahead of Ramadan in February 2025. Lower supply from Guatemala, combined with crop damage from thrips, has pushed prices upward, giving Indian exporters a unique advantage despite a decline in India’s own production. While Indian prices are expected to climb to Rs.3,500 per kg in early 2025, exporters warn that high domestic prices and ...
Indian Cardamom Poised for Ramadan Demand Amid Guatemala Shortfall by Amit Gupta, Kedia Advisory
Indian Cardamom Poised for Ramadan Demand Amid Guatemala Shortfall by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-12 11:35:39 am
Cardamom Production to Drop 40% Amidst Weather Challenges by Amit Gupta, Kedia Advisory Cardamom production is expected to drop by 40% this harvest season due to extreme weather conditions. The crop initially faced a drought from February to May, followed by torrential rains from June to August, which aggravated fungal outbreaks and further affected productivity. High prices above ?2,000 per kg reflect the current supply shortage, but market demand remains tepid. Exporters face difficulties with Indian cardamom in the global market due to competition from Guatemala and volatile ...
Cardamom Production to Drop 40% Amidst Weather Challenges by Amit Gupta, Kedia Advisory
Cardamom Production to Drop 40% Amidst Weather Challenges by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-10-15 10:09:46 am
Inclement Weather in Kerala`s Idukki District Severely Affects Cardamom Plantations, Prices Surge Amid Crop Damage by Amit Gupta, Kedia Advisory Cardamom plantations in Kerala's Idukki district have suffered significant damage due to heavy rains and strong winds, leading to a fungal outbreak that is likely to impact productivity in the 2024-25 season. The harvest, typically starting in June-July, has been delayed to mid-September, with lower yields expected compared to the previous year. Despite the reduced crop, cardamom prices have surged to Rs.2,250 per kg, though demand remains subdued in domestic and export markets. The globa...
Inclement Weather in Kerala`s Idukki District Severely Affects Cardamom Plantations, Prices Surge Amid Crop Damage by Amit Gupta, Kedia Advisory
Inclement Weather in Kerala`s Idukki District Severely Affects Cardamom Plantations, Prices Surge Amid Crop Damage by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-08-09 10:25:35 am