Material running short from Madagascar’s last crop, collectors in the country would not be willing to reduce their prices. In order for the cloves market to really start moving again there would have to be a willingness from Madagascar farmers to sell, combined with a new wave of demand from international buyers. This demand had […]
INTERNATIONAL spice dealers believe that global cloves prices must be due for a downward correction at some point this year, despite continued sharp advances being seen in recent weeks and key origin Madagascar facing the onslaught of a tropical cyclone. In the week to February 10, Madagascar cloves prices…READ MORE
INTERNATIONAL cloves prices have eased in recent weeks but the dip is seen as only a temporary correction as overall availability looks tight and middlemen and exporters in key origin Madagascar are keeping a tight grip on any remaining new crop stocks…READ MORE