Persisting dry weather in growing regions in India and low availability of high quality cardamom in Guatemala has made the Indian variety the top trading commodity at the start of New Year.
Will India soon lose its esteemed status as the global benchmark price setter for black pepper? If Tocom rubber futures price benchmark is the mover and shaker of Indian rubber prices, a similar turning point is all set to take place in the case of pepper—fondly called the black gold.
India cardamom prices has move up on supply crunch experienced at the auction centres in Kerala and Tamil Nadu due to bad weather conditions.
On on the back of lower Minimum Export Price (MEP), India's onion exports have taken a 10% leap, according to Agriculture Export Association.
