Fundamental Analysis of Cardomom
Fundamental Analysis of Cardomom
Fundamental Analysis of Cardomom
1/4/13
Introduction
Cardamom (Elettaria cardamomum Maton) is the 'Queen of Spices' as it is one of the most exotic and highly priced spices The two major commercial varieties of small cardamom in the world are the Malabar and the Guatemalan World production of cardamom is estimated at 30000 -35000 MT Guatemala produces nearly two-third 1/4/13 of global cardamom production
Production
Cardamom requires humid and cool climate followed by good amount of sunshine and appropriate rainfall. The main harvest season of cardamom in India is between August-February. Cardamom reaches yielding stage two years after planting.
1/4/13
Varieties of Cardamom
Bold Super bold Extra bold Bulk Small Open/ splits Seeds fruit
1/4/13
The Mysore variety contains higher levels of cineol and limonene and hence is more aromatic. There are many inferior substitutes from cardamom-related plants, such as Siam cardamom, Nepal cardamom, winged Java cardamom, and bastard cardamom.
1/4/13
Uses
Cardamom is used in adding flavors in both foods and drinks. Cardamom is used as cooking spice Cardamom is therapeutic in nature, broadly used to treat infections in teeth and gums, digestive disorders, throat troubles, skin conditions Oil of cardamom is used in processed foods, tonics, liquor and perfumes.
1/4/13
Major producers
1/4/13
Major consumers
Denmark
Major exporters
1/4/13
1/4/13
Indian scenario
2nd largest producer of cardamom Kerala (70%), Karnataka (20%) and Tamil Nadu (10%) are the cardamom growing states in India Production- 12975 MT (2011-12) Area under cultivation- 72320 hectares
1/4/13
Production in India
1/4/13
1/4/13
1/4/13
by the through
Private trade with or without Spices Board License Auction conducted by auctioneers under Spices Board License
2.
1/4/13
Cardamom Marketing Corporation, Vandanmedu, Kerala Mas Enterprises (Mas), Vandanmedu, Kerala 1/4/13
Quality of cardamom
Production status in competing countries like Guatemala Annual production Weather conditions Domestic consumption and demand Seasonal variations and time of arrival of the crop in the market
1/4/13
Trading centers
Vandanmedu (Kerala) Bodinayakanur (Tamil Nadu) Kumily (Kerala) Thekkady (Kerala) Cumbum (Andhra Pradesh) Pattiveeranpatti 1/4/13 (Tamil Nadu)
Thodupuzha (Kerala) Saklashpur (Karnataka) Mercara (Karnataka) Medikeri (Karnataka) Mangalore (Karnataka)
1/4/13
Bodinayakanur in Madhurai District of Tamil Nadu up to 50 kms of municipal limits. The premium/ discount with respect to delivery centers will be announced by exchange before the launch of contract
1/4/13
1/4/13
Description
January contract February contract March contract April contract May contract June contract July contract August contract September contract October contract November contract December contract
1/4/13
1/4/13
Present scenario
Increased demand and decreased supply in India Production decreased by 40% Production in Guatemala decreased due to adverse weather condition Change in tick price from 50 paisa to 1 rupee.
1/4/13
THANK YOU
1/4/13