Cardamom Trade

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..... Cardamom Trade - News and Press Release Dated:- 5-8-2013 - News - The details of production, export, import and Auction Price of Cardamom is given below: Production, Export, Import Auction Price of Cardamom YEAR Production Export Import Auction Price Qty(Tons) Qty (Tons) Value (lks) Qty (Tons) Value (lks) .....

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..... (Rs./Kg) 2010-11 10,380 1,175 13,216.25 75 656.53 968.22 2011-12 15,000 4,650 36,322.28 51 361.71 645.62 2012-13 14,000 2,250 18,505.92 495 1612.44 699.45 2013-14 (Apr-May) - 330 2,664.90 150 540.00 - .....

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..... The domestic price of cardamom (Small) witnessed a steady increase for the last few years. The average domestic price has increased from Rs.503.48/kg in 2007-08 to Rs.968.22/kg in 2010-11. Due to the higher production of 15,000 tons in 2011-12, the domestic price declined to Rs.645.61/- during the year. The price again showed an increase during the current crop season (Aug 2012-July, 2013). Durin .....

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..... g the current season the average auction price has reached Rs.693.27 per kg. During last three months the price of Cardamom has shown a declining trend with price reaching Rs.557.80 per kg. in July, 2013. To stabilize prices, the Spices Board is implementing both short long term measures for increasing the production productivity of cardamom. Though there is no reporting of smuggling, Commis .....

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..... sioners of Customs, Ministry of Finance has already been requested to take stringent measures to curb cross-border illegal trade. The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in a written reply in the Lok Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI .....

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..... - TaxTMI - TMITax .....

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