Trade estimates are pegging the next Madagascar crop to reach between 10,000 to 11,000 tonnes, which although down from last year’s estimated 14,000 to 15,000 tonnes would still be of a decent size. Harvesting is due to start at the end of October or first half of November. Madagascar’s 2012 crop looked set to start […]
Madagascar’s 2012 crop, which is due to be harvested in October/November will be of a decent size of around 10,000 tonnes. People in Madagascar were starting to show signs of being ready to open their minds to the current state of the market…READ MORE
The Madagascar cloves crop forecast to be another good one it would not be surprising to see the production of the oil not being as good as expected, as has been the case in other recent years of a favourable output of the cloves. As long as the clove market remains rather high, we’ll be […]
European and US buyers had withdrawn when they saw Madagascar cloves prices surpass $13,500 a tonne after being at $10,000 to $10,500 a tonne earlier. Madagascar’s last crop, collectors in the country would not be willing to reduce their prices…READ MORE
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
INTERNATIONAL cloves prices are holding generally stable to firm despite the imminent arrival of Madagascar’s new crop. Harvesting of the crop in the south of Madagascar is in full swing and quality is said to be good with decent volumes available…READ MORE
Madagascar cloves dealers were looking to sell at $13,000 to $15,000 a tonne c&f to Singapore but Singapore traders were hoping for a price of less than $12,000 a tonne. The sellers in Madagascar were trying to sell high to avoid problems with pending contracts…READ MORE
In Madagascar view the crop as around 12,000 to 12,500 tonnes, instead of the 14,000 to 16,000 tonnes estimated earlier. Early harvesting had adversely affected quality, and some exporters in the country were stuck with poor quality cloves they had purchased at high prices earlier this year…READ MORE