Good Day ! Another African Clove Season on the door step. Madagascar and Tanzania / Zanzibar season on the making. Comores - suprisingly with a major crop, some villages harvest just started in September - would continue till December January. Madagascar would be ready for shipment mostly in December 2025.
CROP SIZE: 2025-2026 clove season in africa, all the three producing countries coming out with major crop - bigger size and better than last 3-4 years. Comores with almost 7000 Mt; Madagascar near to 20,000 Mt, Tanzania and Zanzibar together with 4000 Mt
PRICE LEVEL FOR DECEMBER SHIPMENT: Any price you get close to USD 7 - few dollars plus or minus is a good price to buy; Forward speculative sellers started to offer even 6700-6800 also - but must await risk and possible default at these levels. However, over all market sentiment is steady around USD 7000 [can expect range bound between USD 6600 to 7000] on an average at the early stages. 2025-2026 season would expect highest at 7800 and lowest at 6500 SUBJECT to Indian buying pressure.
https://www.facebook.com/GIRISHMADACLOVES/posts/pfbid02HwzDgkanf7FcuTjP9kGj7A7CBtBdmVPCptfoT51Quz5F4ZuoUikkQyAAKdqQnoK4l?__cft__[0]=AZW_m6nEVnzMwm-loXdfgS6jKrQ7u7UQkybyWriWakDO6lt4Gqy9cPTqhGdVbgMjkRb8FjOh1VH6nNcUF2jn5A7gb6vZeacxuG5e5SiQC5zjdg&__tn__=%2CP-R
https://www.facebook.com/GIRISHMADACLOVES/posts/pfbid0bWH9XgA4US6VmoYUiiG4oxMhP9pzMDmJp93gjVg4Un3PdJMoy1ZYKoz7BQyvvN3hl?__cft__[0]=AZWkY8usSNpRIuYRpAqaTF4oY4XPsJLsb-7c8aUvINVB0QcGcIj__m7K1VJ3_fXq9lTjBfUhLHkH1-HWrR44GcA-_J9GysHryVRQ0Tub4H-eOMwSSkAnOKIjnHo6hm1_e2I&__tn__=%2CO%2CP-R
UPDATE ON CLOVE NEW HARVEST SEASON
November 2, 2025:- Mutsamudu, Union Des Comores:- I am sure, no one need any introduction. Let us speak straight about this new season quantity possibilities and feasibilities of price discoveries ! I repeat, only exploring possibilities and feasibilities ! Nothing firm, nothing guaranteed.
INDONESIA is coming with a short crop of size 80,000 Mt roughly – it might range between 75000 to 90000 to the maximum. A poor crop resulting in shortage of crop. However, this shortage is not expected to make any serious impact on clove market ! Because, the largest consumers of clove in the world, - the cigarette manufacturers of Indonesia - are not seriously buying with the same aggressiveness as they did in previous years. Many of them said to have inventory either in Indonesia itself or in Singapore. Thereby there wont by much higher demand from Indonesia. Saudi Arabia is the main buyer of Indonesian Clove now. India is stepping back, as India attracts 5% import duty on Indo Clove. Dubai also behind the door, as Dubai have huge inventory from Brazil, Tanzania and Comores already with them.
Currently export price from Indonesia is at USD 7700 [in the range of between 7600 to 7800]. Nonconfirmed reports say, some one offer 7400 FOB – but not sure. Please take note, low price from Indonesia all resulted in default in last 2-3 years. Therefore, from my experience, try to buy at average price level only from Indonesia; do not go for the lower price level.
AFRICA ORIGINS - Comores is at the last leg of harvest. Harvest almost finishing. November would be good arrival from Village. But December and January 2026 would be thin arrivals. Comore price is ruling high than what was expected ! If some one get USD 7 per kg on CNf basis from Comore, it is the best good price you can buy. Lower price could be available, but compromising on clean cargo, and might be mixed cargo from Moheli. While buying from Comores, always strict to Anjouan Clove only for good stock.
MADAGASCAR – the much awaited Clove for the world ! Madagascar is coming with a historic crop size of 23000 ++ Mt. Reports from farm says, it could go upto 25000 as well. However, and unfortunatley, contrary to previous years, Madagascar is now following Indonesia for price! Now every village corner has internet, and even the uneducated farmers are also now looking at internet and studying international market !! This year – both south and north crop started at higher levels ! much high levels than previous years ! Last year, south had started at 13000—14000 ariary a kg and jumped to 18000-19000 level in one month time. Whereas , this season, it opened at 19000 only ! and moved to 20500-21000 in one week time !! North crop in Mananara province opened at 24000 [where as last year it opened at 20,000]. EXPORT PRICE FROM MADAGASCAR - South clove possible to get at USD 6.7—6.8 level. If somebody offers USD 6.5 or even less, be careful. Can result in default !! Every year, Madagascar has the story of some people giving much lower price and taking advance from international buyers, and making default !! This is a regular phenomenon in Madagascar. Some people are only for that. Take care. Good quality North crop would fetch a price of USD 7,4 average. Check with your shipper for exact market driven price. This year, Madagascar Govt released export permits well early in October ! So that shipment can start in November.
Zanzibar and Tanzania : Zanzibar state is selling at USD 7200 on an average. They had also given to 7100. As it is only the State Govt exporting, it is a monopoly. Those who have preference of Zanzibar clove would continue buying that origin only irrespective of price !! Tanzania is a free market, but at present because of the military operations and internal struggle, cannot depend.
Thereby, all importers now would concentrate on Madagascar only – as Mada is the only available crop at reasonable price.
For any individual interest, please contact me in person.
Pepper price today October 30 is improving domestically
Vietnam's pepper market has been buoyant with an increase of VND1,000/kg in key provinces, reaching a peak of VND146,000/kg in Dak Lak . Meanwhile, import data shows that Vietnam received 5,402 tons of pepper from Indonesia in the first 8 months of the year, accounting for 21.9% of the country's total exports.
Domestic pepper prices recorded consistent fluctuations across the country. Prices ranged from 144,000 to 146,000 VND/kg, 1,000 VND/kg higher than the previous day. Specifically, Gia Lai maintained the lowest price at 144,000 VND/kg. Ho Chi Minh City and Dong Nai both traded at 145,000 VND/kg. Dak Lak and Dak Nong provinces led with 146,000 VND/kg.
Short-term forecasts from agricultural experts indicate that prices may remain around VND143,000 - 145,000/kg. Weather factors and investment capital flows into agricultural products will determine the next trend.
World pepper prices increased slightly in Indonesia
On the global exchange, the price of Indonesian Lampung black pepper reached 7,211 USD/ton, up 0.1%. Muntok white pepper was at 10,061 USD/ton, up 0.09%. In Malaysia, ASTA black pepper remained at 9,375 USD/ton, while ASTA white pepper was at 12,400 USD/ton. Brazil maintained ASTA 570 black pepper at 6,100 USD/ton.
Vietnamese pepper prices are completely stable. Black pepper 500g/l is at 6,400 USD/ton, 550g/l is at 6,600 USD/ton. ASTA white pepper is at 9,050 USD/ton.
The International Pepper Community (IPC) Weekly Bulletin reflects a mixed performance in the fourth week of October. India was buoyed by a 1% appreciation of the Rupee to INR 87.93/USD, leading to a third consecutive week of increases in domestic and export prices. The US saw a decline in prices for three weeks due to currency depreciation and inflation. Indonesia and Sri Lanka were stable after two weeks. Brazil, Cambodia and China (white pepper) were unchanged. Malaysia saw declines for the most part, except for white pepper exports.
Competitive pressure in India and production forecast
Brazilian pepper has flooded the Indian domestic market at around Rs 750 per kg at shops, disrupting local consumption in Tamil Nadu, Wayanad and Coorg. Brazilian prices are just $6,000 per tonne, much lower than India's $8,000 per tonne, according to Shamji. Despite sluggish buying after the festival, Indian prices have been increasing by Rs 1 per kg every day, reaching Rs 693 per kg (ungraded) and Rs 713 per kg (graded) at Kochi market. Spice producers are buying aggressively, helping to stabilize the market. Kishore Shamji, president of the All India Pepper and Spice Trade Association, expressed optimism on expectations of a US reduction in import duties to boost exports.
India’s Ministry of Agriculture has revised its 2026 crop forecast down to 85,000 tonnes from 110,000 tonnes, citing risks from the northeast monsoon. Indian farmers face yield challenges, while Brazil’s is expected to recover to 85,000 tonnes by 2025.
The global pepper market continues to witness fierce competition among major suppliers. Vietnam has strengthened its position as an importer from Indonesia, while domestic prices have increased slightly, providing positive signals for farmers. Currency, weather and tax policy factors will shape the long-term trend.
Posts
