Cloves demand picks up only slightly as prices hold strong

May 18, 2012 By:

EUROPEAN cloves dealers have seen a slight upturn in buying interest after a prolonged period of inactivity in the market, but underlying demand remains limited. Indonesia had previously said its new crop would be at least 80,000 tonnes but this assessment had been downgraded to stating it could be up to 80,000 tonnes…READ MORE

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Cloves demand picks up only slightly as prices hold strong

May 14, 2012 By:

The Indonesian cloves of a good quality were still holding minimum prices of $11,000 a tonne to the farmer, meaning export prices of about $13,000 a tonne c&f. Indonesia had previously said its new crop would be at least 80,000 tonnes but this assessment had been downgraded to stating it could be up to 80,000 […]

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