Limited Arrivals Drive Big Cardamom Prices Higher

The new big cardamom crop has started arriving in markets, but the volume is much lower than usual. This reduced availability has pushed prices up, with auctions reporting higher values. Flooding and heavy rains in Assam and other northeastern states, such as Meghalaya, have severely impacted big cardamom crops. The losses are estimated at 60-70% for the first crop, with similar challenges affecting the second crop. High temperatures and pest infestations during critical growth phases have further reduced yields.

Current Market Prices

In local wholesale markets, big cardamom prices recently rose by approximately $1,80 per kg, bringing the current range to $21,60–24,00 per kg. At the November 28 auction, prices for big cardamom varied between $17,10 and $24,00 per kg. In Nepal, imports of big cardamom are being priced at $20,50–21,20 per kg. This rise in prices reflects the continuing tight supply situation.

Export Trends Show Promising Growth

India exported 484 tonnes of big cardamom, earning $9.26 million in the first six months of FY 2024-25. This is a notable increase compared to the 427 tonnes exported during the same period last year, which brought in $4.05 million. Exporters are optimistic about sustained demand despite domestic challenges.

Conclusion: The Coming Weeks

Big cardamom prices are likely to remain strong due to reduced supply and persistent weather uncertainties. Stockists should carefully monitor the market and book profits as opportunities arise. While prices are favorable for sellers, challenges in crop production may continue to constrain supply in the months ahead.





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