Cloves prices settle at levels of more appeal to buyers

Today, the situation remains more or less stable in Indonesia. Prices are floating in a range of USD7,500-8,000 (per tonne) depending on demand, quality and supplier. Pricing down trend is almost finished, with the market tending to stabilize around USD7,500/tonne, although  prices could increase slightly by the end of the year if Indonesia comes back […]

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Global cloves buyers and sellers hesitant after recent price falls

The international cloves market has hit a quiet period after prices showed decreases in recent weeks. Indonesia’s crop will start next month and, based on an average of estimates, this is seen reaching 90,000 tonnes it is impossible to know what is happening with cloves in Indonesia and there are…READ MORE

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