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Clove prices become too high for buyers

AFTER considerable price fluctuations throughout the 2004/05 season the world clove market appears to be stabilising at around $3,200 to $3,300 a tonne despite a lack of demand. In 2004, clove prices stoped as low as $1,550 a tonne, which was $2,000 less than some estimates last week, which pegged Madagascar cloves at $3,500 a tonne...READ MORE

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