MADAGASCAR cloves prices have shown further sharp increases in recent weeks in anticipation of a much smaller forthcoming crop. In the week ending December 4, European traders quoted Madagascar cloves prices as firming to $5,100 a tonne…READ MORE
Madagascar’s main growing regions earlier this month estimated that the country would have a total availability of 7,000 to 8,000 tonnes over the 2009/10 season, which would include 3,000 tonnes from the southeast and a similar volume from the north. This trader’s total figure is close to earlier top end projections…READ MORE
MADAGASCAR’S new crop cloves prices have opened very high as it becomes increasingly clear that output will be substantially down this year. Earlier forecasts had ranged from 4,000 tonnes at the lowest end of the scale up to 7,000 tonnes at best. Even the latter figure would be well short of Madagascar’s normal crop range […]
GLOBAL cloves supplies are running drastically short as there are very few quantities of 2008 crop material left in Madagascar to tide the market over until the new crop arrives later this year…READ MORE
INTERNATIONAL cloves dealers are bracing themselves for the possibility of higher prices later this year following reports of disappointing output recorded or expected in a number of origins. A normal crop in Madagascar is 7,000 to 12,000 tonnes…READ MORE