On-the-Ground Updates

The Price of Cloves Increased in Indonesia During W8

Whole Clove
Indonesia
Market & Price Trends
Yun Primawan
Published Feb 23, 2023
As anticipated, the price of the cloves increased during W8 in Indonesia. In W8, the farmgate selling price increased by around 5-7% from the previous price at the beginning of 2023. This price increase was due to the harvest season approaching the end and the cigarette industry starting to buy up existing stock from the collectors and local traders.

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