Clove Prices Remain Stable in Key Markets

Mumbai, April 16 (CommoditiesControl): In Kottayam, imported clove prices held steady, with Comoros cloves trading between Rs. 840 to Rs. 860 per kilogram, Madagascar cloves between Rs. 850 to Rs. 870, and Sri Lankan cloves between Rs. 850 to Rs. 880 per kilogram.
Domestic clove prices in Kottayam have stabilized at Rs. 880 to Rs. 900 per kg after experiencing a decline in the previous 2-3 sessions. The arrival of higher import volumes has increased supply, influencing domestic market prices.

Similarly, in Shimoga, the price per kilogram of cloves remained unchanged from the previous session, ranging between Rs. 900 and Rs. 920. Additionally, clove stems maintained their price at Rs. 125 per kilogram in Kottayam, consistent with the previous session.

(CommoditiesControl Bureau; +91-9820130172)