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Cloves market begins to revive

It’s now becoming obvious that the Indonesian crop will be short by almost 35%, which seems to draw attention of Indonesian buyers which prefer to buy before the market may become much higher.

Based on the estimates for Indonesia’s 2015 crop, the projected 30-35% decline would imply a total 2016 output from this origin of around 65,000-70,000 tonnes...READ MORE

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