Pressure builds for next surge in cloves prices

March 21, 2013 By:

In Madagascar, within a month there would be no more cloves available in the bush/villages and all the remaining stocks would be in the hands of exporters or middlemen, who were affluent enough this year to sit on their stocks until they felt prices had reached an attractive level to sell at, the report predicted. […]

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Cloves market seen heading for renewed upward pressure

March 12, 2013 By:

Rich stockists holding stock in Madagascar Madagascar’s latest crop had been fully harvested and the balance of stock – possibly 3,500 tonnes – was in the hands of rich stockists, These speculators would not sell at a loss and their current cost price was quite high with the next crop not due until November. “Madagascar’s […]

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