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India loses out to Guatemala in cardamom war being waged in the Gulf

Tuesday, April 19, 2011


India is losing out to Guatemala in a spice war being waged in the Gulf.

Guatemala has regained its market share in the Gulf nudging India out. The Gulf region is the world’s biggest market for cardamom.

Recently, Guatemala sold cardamom for $5 less than India, bringing India’s exports down.

 

 

Original source: Commodity Online