There is a political problem in Madagascar. It’s become like the Wild West. It will depend on how strong the police are, how well the forest is protected, whether customs do their jobs. The regular market may not rise but this black market could be a real problem. Madagascar’s artificially strong currency to keep oil […]
There are some good qualities available from Madagascar but the price of these is very high. The available quantity of good quality cloves from all the origins now is really very small, and this will keep the prices high. Positive outlook in Madagascar Madagascar’s next crop is expected to be a decent one following favourable […]
Madagascar was the only origin from which it was possible to purchase cloves of any viable quantity currently. Exporters in Tamatave were in a commanding position on prices as the inventory in Tamatave was also very low – perhaps only 1,000 to 1,500 tonnes…READ MORE
Some deals at $5,900 to $6,100 a tonne. some competitors or partners in Madagascar have been selling at higher prices of around $6,200 to $6,300 a tonne. Most of the shippers in Madagascar are sitting on a minimum of 200 tonnes of cloves. In Tamatave there is enough material to supply the next two to […]