With the stock levels of the previous season that still affect the trade due to the limited duration of Ramadan sales, exporters are observing the market for a price correction that can trigger bulk purchase | Photo credit: Jomon Pampavalley
The copious summer showers in the Cardamomos cultivation regions in Kerala have revived farmers’ hopes to obtain a good harvest in the next season, which is expected to begin in July.
The growing tracts in Idukki have already received three first four showers, which, designed, dragged the prices of cardamom at ₹ 2,500 per kg, have reduced the chans of a drought this season.
Merchants expect greater profits, since the emerging situation together with the early export consultations for the consequent Bakrid of the Gulf nations could the spice perspectives.
With the conclusion of the festival season, the country’s demand was submitted. He thought that the climatic condition has become conducive to the cardamom, they are cautiously optimistic, since they face a similar situation last year when the abundant duration of the rains of March and April was followed by a drug in a large month that damages the harmful harmful harmful harmful harmful.
Promising beginning
SKM Dhanavanthan, an exhibition in Bodinayakanur, said that Cardamomo 2025 has had a promising start with crops arrivals that looks better than expected due to favorable climatic conditions. Unlike last year’s supply limitations and very high prices, this season is expected to see healthy availability in the main growing regions.
With the stock levels of the previous season that still affect trade due to the limited duration of Ramadan sales, exporters are very observing the market for pricing that can trigger bulk purchase. The key inflection point for this season will probably be Bakrid, which traditionally sees an increase in demand between export and national markets, he said.
As Bakrid approaches, the industry can expect a stronger impulse, the proven price is maintained within reasonable limits. Buyers are ready, markets are active and with good crops availability, a balanced price strategy can lead to excellent sales volumes.
Speculative hoarding
However, he said that inflation of artificial prices or speculative hoarding can only damage real trade, since buyers are highly sensitive to the price at this time. A stable and transparent market with fair prices is the key to unlocking the demand driven by Bakrid and establishing the tone for a successful season ahead.
Krishnan Thampi, chief (research), a group of coverage companies, said the short -term perspective in the next three months seems positive, influenced by climatic challenges, reduced yields and export demand. Given the reduced national offer and global supply limitations, especially Guatemala, export demand is expected to remain strong. This sustained demand is likely, along with a limited offer, maintain high prices in the short term. However, if summer rains the significant conditions, there could be a gradual stabilization or a slight decrease in prices as the new harvest enters the market.
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Posted on April 16, 2025