INDONESIAN clove imports are expected to be substantial next year as a poor harvest is set to leave production trailing consumption and force the government to abandon its opposition to overseas purchases. Indonesia is the world’s largest clove producer but is also a major importer due to the huge demand…READ MORE
Indonesia lifts its import ban, there would almost certainly be an immediate impact on prices, with cloves likely to shoot up to $2,000 a tonne. The Indonesian government may lift the import ban and start buying again soon. Indonesian cloves look good but the flavour is not so good, so…READ MORE
INDONESIAN clove growers in north Sulawesi have demanded Rp200bn ($24m) compensation from the government for potential loss of revenue due to price plunges ahead of the harvest season…READ MORE
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 […]
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
CLOVE traders are expecting global demand to remain strong over the coming months as large Indonesian supplies result in a significant fall in prices. Indonesia, the world’s largest clove producer, is just beginning its 2003 crop year and the arrival of fresh supplies has triggered a price fall of around $250 in international clove prices […]