Weak demand hits clove prices

WEAK demand has seen prices of cloves drop to their lowest point this year despite some doubt over the size of the approaching main crop. Brazil’s clove harvest, which starts this month, is expected to be a normal 4,000 to 5,000 tonne…READ MORE

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Clove prices become too high for buyers

AFTER considerable price fluctuations throughout the 2004/05 season the world clove market appears to be stabilising at around $3,200 to $3,300 a tonne despite a lack of demand. Brazil exports the majority of its clove output to North and Central America…READ MORE

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