CARDAMOM SPICE FUTURES ARE SHOWING STRENGTH. ANTICIPATION OF THE MONSOON SEASON EFFECTING PRODUCTION IN KERALA, INDIA. NEXT YEAR SEASONAL CROPS ARE EXPECTED ALSO TO BE LESS AVAILABLE.
There are a number of varities of CARDAMOM. Nearby Guatemala produces about 2,200 tons a year and the spice growing is continuing to expand. The lower quality, Guatemala type of cardamom spice, brings about $5.38 USA per kilogram. While the best variety out of India, gets $18.85 USA per kilogram. There are even some types of cardamom that are not traded in the futures markets at all.
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