While India's Tea and newly woven rice exports may not last the mile with areage(acreage) and value of crop ransom to food subsidy calls and lost markets int he case of Tea, Cardamom could be a growing export from the large nation. Volatile trade in cardamom last year had volumes dropping below 1200 tonnes ( in this years prices, Rs 500k per tonne) or just INR 60 crores or $10 mln, the number has doubled this year to $20 mln with 25000 tonnes booked by December and another 1000 tonnes could easily be attributed to the same fisc.

Here also supply bottlnecks with bad quality Guatemalan cardamom being the immediate reason for the demand, and disrupted auctions due to the Tamil Kerala warlike standoff over Mullaperiyar dam not ensuring steady prices that dropped 25% just on disruption 

According to the ET report, daily supplies in India are 100 tonnes this year, twice of last year 

Posted via email from The India Investment Post