Monday, May 22, 2006

MORE ABOUT CLOVES IN INDIA

----- Original Message -----
From: dhirish
To: peppertrade@olcom.com.br
Sent: Monday, May 22, 2006 8:15 AM
Subject: reg cloves
dear sir

reg cloves mkts, india mkts will jump in few days, big cargo of cloves, areca nuts, pepper, misdeclared as srilanka cargo has been caught in india, these importers were misdeclaring cargo of indonesia cloves as srilanka cargo and clearing without import duty, in last 3-4 months more than 5000 tons imported, now all this cases will be reopened, import duty plus penalty to be collected, also importers will be sent to prison soonest.

please wait and see
regards

1 comment:

Unknown said...

Here in india all of a sudden market for cloves has gone up by 50rs can any one let me know is this a speculative market or this shoot up is due to lesser crop in cloves growing area and last question if the market is short of crop then how much more market may shoot up