Cloves prices get dragged lower as buyers hold off

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 […]

Read more