In Madagascar, the crop from the southern areas is expected to be small, while that from the north is forecast to be good. Local farmgate prices have remained high at MGa65 a kg, meaning cost prices for the shipper after cleaning and drying the goods of at least $10,000 a tonne. Based on this opening […]
Trade estimates are pegging the next Madagascar crop to reach between 10,000 to 11,000 tonnes, which although down from last year’s estimated 14,000 to 15,000 tonnes would still be of a decent size. Harvesting is due to start at the end of October or first half of November. Madagascar’s 2012 crop looked set to start […]
Madagascar’s 2012 crop, which is due to be harvested in October/November will be of a decent size of around 10,000 tonnes. People in Madagascar were starting to show signs of being ready to open their minds to the current state of the market…READ MORE
The Madagascar cloves crop forecast to be another good one it would not be surprising to see the production of the oil not being as good as expected, as has been the case in other recent years of a favourable output of the cloves. As long as the clove market remains rather high, we’ll be […]
European and US buyers had withdrawn when they saw Madagascar cloves prices surpass $13,500 a tonne after being at $10,000 to $10,500 a tonne earlier. Madagascar’s last crop, collectors in the country would not be willing to reduce their prices…READ MORE