MADAGASCAR clove prices have fallen significantly over the last fortnight due to weak international demand for the new crop. Last week, some traders quoted Madagascar cloves as easing to $3,485 a tonne…READ MORE
Speculation by some exporters in Madagascar that prices would rise over the coming weeks caused farmers to begin picking their crop in October instead of the traditional November. Some exporters are sending very wet cargo without drying and cleaning and this will do nothing but harm the reputation of the product and the country of […]
CLOVE exporters are anticipating a bullish market until June 2005 or later due to smaller-than-expected harvests in several key origins. Madagascar will have a small crop of 8,000 tonnes instead of the 12,000 tonnes that had been expected before Tropical Cyclone Gafilo struck in March…READ MORE
CLOVE buyers are bracing themselves for firm prices for the rest of the year as the current market situation characterized by limited supplies and strong demand shows no signs of changing. Madagascar cloves were commanding prices of between $2,900 and $3,000 a tonne…READ MORE