Nutmeg supplies tighten further

Indonesian sound shrivels with aflatoxin-free guarantees were commanding spot and shipment prices of around $7,400 a tone If prices remain at or around current levels, then there is every incentive for the Indonesians to collect as much as possible…READ MORE

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Nearly wiped out by a devastating storm

Indonesian output has declined over the last decade to around 7,000 tonnes from 10,000 tonnes due to falling prices, political problems and natural causes, such as El Nino. With global nutmeg buyers increasingly dependent on Indonesia over the last few months…READ MORE

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Indonesian nutmeg prices rise

Indonesian nutmeg of ABCD grading for $6,300 a tonne spot, compared with $6,200 a tonne a fortnight earlier. Shipment prices also rose to $5,900 a tonne cif from $5,800 a tonne previously. The supply situation is over there but of course in Indonesia they would like to hear that 90% of the nutmeg…READ MORE

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Indonesia discounts nutmegs

INDONESIAN nutmeg prices are expected to show further gradual declines over the coming weeks as sellers are having to discount their offers in an attempt to generate more buying interest. Indonesian sound shrivels at $5,400 a tonne on the spot market, down from around $5,500 a tonne in mid-January…READ MORE

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Europe expected to begin purchasing nutmeg

INDONESIAN spot nutmeg prices look set to rise during the early part of next year as European buyers are currently running very low on stocks and are expected to begin restocking in earnest over the next few months…READ MORE

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Indonesian nutmeg exporters cut prices

INDONESIAN nutmeg exporters have lowered their prices significantly in an attempt to stimulate buying interest. Over the last few weeks, Average falls in Indonesian prices of around $100 a tonne. ABCD grades of nutmeg in the region of $6,800 a tonne for spot material and $6,600 a tonne…READ MORE

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