Oversupply cuts nutmeg prices

INDONESIAN nutmeg prices have seen a steady decline over the past few weeks due mainly to slack demand and over-production. Nutmeg prices from the origin fell by around $400 a tonne across the board. Shipment prices for Indonesian sound shrivels fell to the current level of $6,200 a tonne from $6,600 a tonne…READ MORE

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Indonesian nutmeg price fall likely to be temporary

EUROPEAN nutmeg traders believe that recent falls in the price of Indonesian supplies will prove to be short lived because overall availability looks set to be tight this year. There were quantities of newly harvested Indonesian produce just becoming available. The total crop this year would be of a reasonable…READ MORE

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Nutmeg supplies look uncertain

Global buyers have become increasingly dependent on Indonesia for their requirements but it remains difficult to find Indonesian suppliers that are able to provide material that is guaranteed to be aflatoxin-free…READ MORE

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Indonesian nutmeg eases tightness

NUTMEG traders have been relieved to see an improved flow of supplies from Indonesia over recent weeks after experiencing some difficulties last month. Indonesian sound shrivels at spot prices of $7,400 a tonne and shipment prices of $6,800 a tonne…READ MORE

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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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