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Clove Prices Remain Stable Across Major Markets

10 Jul 2024 8:20 pm
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Mumbai, July 10 (CommoditiesControl): Clove prices in Kottayam have remained stable over the past month. The prices per kilogram for various origins are as follows: Rs 890-920 for Comoros, Rs 910-930 for Madagascar, and Rs 900-930 for Sri Lankan origin. Domestic clove prices in Kottayam ranged from Rs 1,020 to Rs 1,040 per kilogram.

In Shimoga, the price range for a kilogram of cloves has also remained constant from the previous session, holding steady at Rs 1,040 to Rs 1,060. Additionally, the price for a kilogram of clove stems in Kottayam remains unchanged at Rs 130, consistent with the previous session.

The stability in clove prices indicates a balanced market, with neither significant upward nor downward pressures affecting prices in the short term. This trend is observed across both imported and domestic cloves, suggesting steady demand and supply conditions.



(By CommoditiesControl Bureau: +91-9820130172)


       
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