Ambon clove per kg prices fluctuate to Rp90 thousand at Aug-end in Indonesia

Ambon, Maluku (ANTARA) - Clove prices in Ambon City, Maluku, fluctuated to Rp90 thousand (around US$6.2) per kg at the end of August 2021, affected by demand vacillations in the main market in Surabaya, East Java. Evi, a local clove merchant trading at the Setia Budi Road, Ambon, stated that clove price fluctuations in Surabaya were causal to the price change in Maluku. She informed that the current price of the commodity stood at Rp90 thousand, increasing from the earlier price of Rp87 thousand (around US$6) per kg. She highlighted the discontent among fellow farmers over the changing price of the commodity in the last two months, yet they were helpless, as the price is entirely determined by the market mechanism in Surabaya's markets. "The price of cloves had increased in the last three days, up to Rp90 thousand, from Rp87 thousand. In mid-July, the price also hiked up to Rp105 thousand (around US$7.2) for one kg before continuously decreasing in August," Evi ...