Indonesia has gained market share in recent years as global importers have become largely dependent on the country for supplies of nutmeg. Between January and August 2011, Indonesia shipped a total of 8,193 tonnes of nutmeg to global destinations compared with 6,655 tonnes in the same period of 2010…READ MORE
Spot prices of Indonesian sound shrivels, for example, are now quoted at $22,500 a tonne, a 7% rise in a week from $21,000 a tonne and a 34% surge since the $16,800 a tonne seen in mid-March. They are still collecting in Indonesia but the main period is usually March to May and it doesn’t […]
PRICES of nutmeg look certain to continue on their bull run with aflatoxin problems becoming more prevalent. Spot prices of Indonesian sound shrivels, for example, are now quoted at $22,500 a tonne, a 7% rise in a week from $21,000 a tonne and a 34% surge since the $16,800 a tonne seen in mid-March…READ MORE
INDONESIAN nutmeg prices have shown further sharp increases of late due to the continued severe shortage of material resulting largely from demand pressure and quality issues. Indonesian sound shrivels at spot prices of $17,500 a tonne compared with $16,800 a tonne a week earlier…READ MORE
INDONESIAN nutmeg prices have shown further strength in recent weeks due to the continued impact of drastically low stocks. Indonesia had shown a production deficit of 20% each year for some six years in a row, giving a cumulative shortfall of more than 120%, equating to more than the worldwide output…READ MORE