Clove oil price rockets on dangerously thin supply

CLOVE leaf oil from Madagascar is becoming dangerously short and traders are beginning to fear that supplies may yet run out altogether, pushing prices to well above the 20-year highs they are currently scaling. Madagascar’s cloves prices started climbing in June when it became increasingly difficult to obtain any good quality produce from the 2009 […]

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Early flowering points to fine cloves output

FLOWERING of this year’s cloves crop in Madagascar has started earlier than expected this year, with trees in full bloom. Nevertheless, the crop size in the north of Madagascar should be good while the crop in the south of the island should be an average one…READ MORE

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World cloves importers eagerly await new crop supplies

Madagascar had been trying to push up its cloves prices from the start of its 2009 crop last October. As a result, the origin had probably missed some good opportunities to sell larger volumes. Madagascar cloves prices is understandable to an extent, since the country’s economy is struggling and currency movements are pushing its prices […]

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Buying spree propels cloves prices higher

The people in Madagascar have nothing to sell until the new crop starts in November, they have suddenly been increasing the price by $200 to $300. It remains difficult to obtain quantities of good quality material from Madagascar’s 2009 crop…READ MORE

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