Large cardamom prices remain stable

Large cardamom prices are expected to resist major declines as buyers watch new-crop arrivals and demand. Quoted New Delhi FOB levels for Indian green cardamom and powder have been stable since late September.

Recent Indian auction data show large cardamom trading in a firm band. Market commentary points to a supportive backdrop for large cardamom, driven by new-crop arrivals and active festival- and winter-related buying.