Burst of cloves buying may be short-lived

New cloves crop in Madagascar was also providing a spur to buying interest and the quality of the produce from the country is good so far. Quality in the south east of Madagascar is good now. The north (of the country) too but it will need to be sun dried again…READ MORE

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Cloves market sees return of demand but remains shaky

The new cloves crop in Madagascar was also providing a spur to buying interest and the quality of the produce from the country is good so far. Quality in the south east of Madagascar is good now. The north (of the country) too but it will need to be sun dried again…READ MORE

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Cloves values belie arrival of new crop produce

MADAGASCAR’S northeast cloves crop has started arriving on the market and quality appears to be very favorable. Production from the north of Madagascar at 8,000 tonnes and that from the south at 3,000 tonnes. It is obvious that the low levels are not satisfying the Madagascar clove producers/collectors and they are all looking forward to […]

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Cloves traders await global demand resurgence

WORLD cloves demand has remained in the doldrums over the last few weeks but traders are hopeful that buying interest will pick up soon now that the holy month of Ramadan has come to an end. New crop Madagascar cloves might open in the range of $3,750 to $4,000 a tonne this would not last […]

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Slack demand forces cut in cloves values

EUROPEAN cloves importers believe recent price declines are only a temporary blip and that the ongoing tight supplies ahead of the arrival of forthcoming new crops will ensure that values are set to spiral upwards again soon. Madagascar’s northeast crop is projected to be in the range of 7,000 to 8,000 tonnes…READ MORE

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Cloves prices continue to hold high levels

GLOBAL cloves prices have continued to hold firm over recent weeks despite lackluster buying interest in general. Madagascar’s export prices for the forthcoming 2008 crop cloves are also expected to be driven up farmers’ and exporters’ push to generate sufficient income and the ongoing strength of the country’s currency…READ MORE

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Cloves trading remains in the doldrums

In the week ending March 28, European traders quoted Madagascar’s cloves prices as rising to $4,800 a tonne. Madagascar is expected to have output of 10,000 tonnes from around 4,000 tonnes in 2007…READ MORE

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Cloves trading grinds to a halt

INTERNATIONAL cloves prices have seen sharp declines over recent weeks due to the complete disappearance of demand. Madagascar cloves should be in the region of $4,600 and $4,700 a tonne fob. The best is $4,500 a tonne fob. Madagascar cloves around $5,200 a tonne…READ MORE

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Speculation helps push up world cloves prices

WORLD cloves prices have been firming recently amid reports of a smaller than usual crop from major producer Madagascar and speculative activities. The crop in Madagascar is not very big and other countries’ crops seem to be more or less medium so that’s the main reason why the price has gone up…READ MORE

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