Slack demand forces cut in cloves values

September 29, 2008 By:

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. Indonesian cloves were said to be at $6,250 a tonne…READ MORE

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Cloves buyers remain absent in Indonesia

September 8, 2008 By:

INDONESIA’S cloves production season looks set to be very shortlived this year because the crop is some 60% to 70% lower than that of 2007. Continued wet weather in Indonesia has meant that farmers have released their cloves at low prices and it is predicted that further price falls will follow….READ MORE

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