Big Cardamom Prices Surge as Production Declines in South Asia
Cardamom
•Published on
Ø Big cardamom prices are on the rise due to reduced production in Nepal and Bhutan, with a 40% decrease reported, Forecasts from West Bengal region also predict a 50% reduction in yields.
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Ø Bhutan shifts exports to international markets, prompting Assam traders to withhold imports.
Ø Nepal's market dynamics shift, leading to a rapid price increase in Delhi within two days.