Indonesia exploits its dominant position in the nutmeg oil market

NUTMEG oil prices have kicked on again, with Indonesian producers taking advantage of the fact they dominate the global export market. Indonesian exporter had recently contacted him about the prices customers were willing to pay, because he was frightened of purchasing at the levels currently on offer in Indonesia…READ MORE

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Indonesian nutmeg suppliers raise prices

INDONESIAN nutmeg prices have shown sharp increases of late due to limited availability and relatively strong demand. Indonesian nutmeg of ABCD grades as rallying to shipment levels of $7,900 a tonne cif from $7,800 a tonne a week earlier and the same grades on the spot market as reaching $8,300 a tonne against $8,100 a […]

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Indonesian nutmeg oil in short supply

LIMITED availability of nutmeg in vital origin Indonesia has pushed up prices for the oil over recent weeks. Indonesian spot prices as reaching $46 a kg compared with $45 a kg in late December and forward shipment levels as rallying to $43 a kg cif from $42 a kg cif previously…READ MORE

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