July, 2011 | Brazil Cloves

Traders batten down the hatches against escalating cloves prices

July 29, 2011 By: Admin

THE global cloves market remains under extreme upward pressure, with some traders opting to take a back seat rather than get stung in what is a very volatile situation. This might have included stocks previously bought from Brazil…READ MORE

‘Negligible’ clove crop sends prices spiralling upwards

July 1, 2011 By: Admin

There are concerns that Brazil’s forthcoming crop will be very short this year, possibly amounting to no more than 2,500 tonnes at most. US buyers are expected to move in quickly to secure new crop material from Brazil, which could prove to be a good opportunity for acquiring cloves quickly and at competitive prices…READ MORE

Archive for July, 2011

Traders batten down the hatches against escalating cloves prices

‘Negligible’ clove crop sends prices spiralling upwards