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Wednesday, Jun 01, 2005

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Agri-Biz & Commodities - Spices & Condiments


Problem of plenty

K.K. Mustafah

Cardamom kept for sale in a spices shop in Kochi. Availability of cheap cardamom from Guatemala in the international markets caused a marginal decline in cardamom exports from the country last fiscal. Productivity in India has also increased due to yields from hybrid varieties, thus pushing down prices. Average market price now rules at Rs 300 a kg.

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