SUPPLIES of nutmeg oil from principle producer, Indonesia, are not meeting global demand, causing steady upwards pressure on prices. Indonesian prices are currently quoted at $70 a kg on a spot basis, having steadily climbed from the summer of 2007 when they reached lows of $38 a kg…READ MORE
The price of Indonesian ABCD grade could jump by between $100 and $200 a tonne from its current spot price of $8,600 a tonne and shipment price of $8,300 a tonne c&f. The fact is that Indonesia is the key supplier of nutmeg of sufficient quality…READ MORE
INDONESIAN nutmeg prices have recorded further increases over recent weeks due to the overall tightness in supplies from the origin. Indonesian ABCD material as rallying to spot prices of $8,600 a tonne from $8,500 a tonne a week earlier and to shipment levels of $8,300 a tonne cif from $8,100 a tonne previously…READ MORE
NUTMEG oil prices have kicked on again, with Indonesian producers taking advantage of the fact they dominate the global export market. Indonesian exporter had recently contacted him about the prices customers were willing to pay, because he was frightened of purchasing at the levels currently on offer in Indonesia…READ MORE
INDONESIAN nutmeg prices have shown sharp increases of late due to limited availability and relatively strong demand. Indonesian nutmeg of ABCD grades as rallying to shipment levels of $7,900 a tonne cif from $7,800 a tonne a week earlier and the same grades on the spot market as reaching $8,300 a tonne against $8,100 a […]
LIMITED availability of nutmeg in vital origin Indonesia has pushed up prices for the oil over recent weeks. Indonesian spot prices as reaching $46 a kg compared with $45 a kg in late December and forward shipment levels as rallying to $43 a kg cif from $42 a kg cif previously…READ MORE