Scramble for nutmeg oil as prices rocket

NUTMEG oil prices have surged nearly 30% since this time last year, with the precarious supply situation suggesting that end users should take cover where possible. Price of nutmeg oil have risen to around $84 per kg on a spot basis from Indonesia this month, up dramatically from the $65 per kg seen in August […]

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Nutmeg pipeline under extreme pressure

INDONESIAN nutmeg prices have shown substantial advances in recent weeks due to ongoing demand in a market of very tight supplies. There is a lack of supply and a pretty big demand. It also appears that one of the shippers from Indonesia seems to be in…READ MORE

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