Clove Prices Remain Stable Across Key Markets

Mumbai, April 25 (Commoditiescontrol): Clove prices have continued to exhibit stability in recent trading sessions across various markets.

In Kottayam, imported clove prices remained steady, with Comoros-origin cloves priced between Rs. 840 to Rs. 860 per kilogram, Madagascar-origin cloves between Rs. 850 to Rs. 870, and Sri Lankan-origin cloves between Rs. 850 to Rs. 880 per kilogram.

Meanwhile, domestic clove prices in Kottayam have maintained their stability, ranging between Rs. 880 and Rs. 900 per kilogram over the last fortnight. The influx of higher import volumes has contributed to increased supply, thereby influencing domestic market prices.

Similarly, in Shimoga, clove prices remained unchanged from the previous session, with prices ranging between Rs. 900 and Rs. 920 per kilogram. Additionally, clove stems were priced at Rs. 125 per kilogram in Kottayam, matching the prices observed in the previous session.