Low Arrivals of Big Cardamom Keep Prices Strong

Big cardamom supply remains tight in India, with auction arrivals significantly below normal levels. While prices saw a slight dip recently due to sluggish spot market sales, overall demand remains strong. If sales improve, the market could hold steady or even see an upward trend.

Extreme weather has severely affected big cardamom production this season. Heavy rains and flooding in Assam, Meghalaya, and other northeastern states have led to 60-70% crop losses. Higher-than-normal temperatures during critical growing periods further reduced yields, limiting fresh arrivals.

Price Movements in Wholesale Markets

Current wholesale prices for big cardamom (scissor cut) have declined slightly, now trading at USD 22,08 to 22,20 per kg, down by USD 0,36 per kg from the previous high. Despite this recent dip, supply shortages could keep prices firm in the coming months.

International Supply Faces Similar Struggles

The supply crunch isn’t just in India—Nepal, Bhutan, and Sikkim are also reporting significant crop losses. Nepal has seen limited arrivals, with only 500 to 1,000 bags entering the market, while high import charges are discouraging further trade. Bhutan and Sikkim have also suffered production setbacks due to erratic weather patterns.

Export Market Shows Promise

On the export front, India shipped 659,68 tonnes of big cardamom in the first six months of the 2024-25 financial year, generating USD 12,17 million in revenue. Compared to the 458,15 tonnes exported in the same period last year (worth USD 4,65 million), this represents a strong increase in demand for Indian big cardamom globally.

Conclusion: Big Cardamom Will Stay Firm As Rock

The big cardamom market remains firm due to low supply and strong export demand. While domestic arrivals are limited, steady price support suggests that traders should keep a close watch on future trends. If demand stays strong and fresh arrivals remain weak, prices could continue their upward movement in the coming months.





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