Small Cardamom Market – Decline in Prices Halts, Upward Trend Expected

08-May-2025 01:22 PM

Small Cardamom Market – Decline in Prices Halts, Upward Trend Expected
★ Over the past two months, the cardamom market witnessed a decline. However, the downward trend has now stabilized, indicating that prices have touched the bottom. The harvesting season is in its final phase.
★ With the upcoming Eid festival in June, export demand is likely to rise. Production in both India and Guatemala has declined compared to last year. Exports have already increased by 37% in the current financial year.
★ The market has reached a phase of stability, and growing export demand may provide further support. Additionally, rising temperatures and upcoming festivals may drive domestic demand.
★ Overall, prices are expected to strengthen in the near future.