Brisk trading could rally clove prices
The new Madagascar cloves crop, which should be available from December, is expected to total 6,000 tonnes. This would be well below Madagascar’s average crop of 10,000 tonnes…READ MORE
Weak demand exacerbates clove price fall
Madagascar is the world’s largest origin, having a large crop this year, the market has become flooded, which is depressing prices. One year ago, cloves fetched around $7,500 a tonne…READ MORE
Moisture threatens Madagascar cloves
MADAGASCAR clove exports are expected to fall by less than earlier anticipated this year due to the fresh problem of high moisture levels which is forcing buyers to look elsewhere. Madagascar clove farmers began the new harvest last December but weeks of cloudy skies have scuppered their attempts to dry the buds properly. Exporters, under […]