Speculation by some exporters in Madagascar that prices would rise over the coming weeks caused farmers to begin picking their crop in October instead of the traditional November. Some exporters are sending very wet cargo without drying and cleaning and this will do nothing but harm the reputation of the product and the country of […]
CLOVE exporters are anticipating a bullish market until June 2005 or later due to smaller-than-expected harvests in several key origins. Madagascar will have a small crop of 8,000 tonnes instead of the 12,000 tonnes that had been expected before Tropical Cyclone Gafilo struck in March…READ MORE
CLOVE buyers are bracing themselves for firm prices for the rest of the year as the current market situation characterized by limited supplies and strong demand shows no signs of changing. Madagascar cloves were commanding prices of between $2,900 and $3,000 a tonne…READ MORE
MADAGASCAR clove prices have risen over recent weeks because buyers have begun taking cover in anticipation of this year’s crop being poor. Madagascar was on course for a poor crop this year. Production was forecast to fall by as much as 10,000 tonnes to between 4,000 and 5,000 tonnes as a result of the combination […]
MADAGASCAR clove production looks set to fall by up to 10,000 tonnes to somewhere between 4,000 and 5,000 tonnes as a result of the combination of poor climatic conditions and the crop’s three-year growing cycle. Madagascar is the world’s largest clove exporter, is on course for a poor crop this year. In addition, in northeastern […]
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
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
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 […]