Indonesia lifts cloves buying in 2011

April 20, 2012 By:

INDONESIA’S exports of cloves dipped slightly last year while its imports of the key spice, used in large volumes by its kretek cigarette manufacturers. The country shipped a total of 5,397 tonnes of cloves to global destinations in 2011, a 10.17% decline from the volumes sold overseas in 2010…READ MORE

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European cloves dealers do not expect prices to ‘crash’

April 6, 2012 By:

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 […]

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