A glimmer of hope for nutmeg traders amid bull run

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 […]

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Nutmeg prices hurtling upwards and will go higher

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

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