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European cloves dealers do not expect prices to ‘crash’

Indonesia last year looked set to help underpin cloves prices for some months yet, and if the market was to ease it would not be before summer.

Indonesia’s annual cloves consumption usually amounts to around 100,000 tonnes.

Prices in Indonesia were holding strong at $12,000 a tonne to be paid to the farmers

End users in Indonesia would definitely purchase from the domestic crop first...READ MORE

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