Increased buying rallies clove prices

GLOBAL clove prices have risen sharply over the last few weeks due to the combined effects of increased demand and fears of a significantly reduced Indonesian crop. Speculation is rife that global clove supplies could fall short of official estimates.Some analysts believe Indonesia, the world’s largest user of the spice, will produce around 17,000 tonnes […]

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Weak demand exacerbates clove price fall

The usage of clove is diminishing and it does not offer a practical alternative for manufacturers.Without Indonesia there is nothing to stop the price falling. Clove demand has been slow for months although there has been limited activity in the…READ MORE

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