Clove Prices Remain Stable in Key Markets

Mumbai, June 25 (CommoditiesControl): Clove prices in the Kottayam market have reportedly remained stable over the past week. Prices per kilogram varied depending on the origin, with Comoros cloves priced between Rs 890 and Rs 920, Madagascar cloves between Rs 910 and Rs 930, and Sri Lankan cloves between Rs 900 and Rs 930. Domestic clove prices in Kottayam ranged between Rs 1,020 and Rs 1,040 per kilogram.

In Shimoga, clove prices have also remained unchanged from the previous session, with prices ranging from Rs 1,040 to Rs 1,060 per kilogram. Additionally, the price for clove stems in Kottayam has remained stable at Rs 130 per kilogram, consistent with the previous session.

The stability in clove prices across these key markets indicates a balanced supply and demand scenario, with no significant fluctuations observed in recent days.