𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐏𝐞𝐩𝐩𝐞𝐫 𝐈𝐦𝐩𝐨𝐫𝐭 & 𝐄𝐱𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 (𝐉𝐚𝐧𝐮𝐚𝐫𝐲 – 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟎𝟐𝟓)

.  

1. EXPORT
𝐴𝑠 𝑜𝑓 𝑡ℎ𝑒 𝑒𝑛𝑑 𝑜𝑓 𝑂𝑐𝑡𝑜𝑏𝑒𝑟 2025, 𝑉𝑖𝑒𝑡𝑛𝑎𝑚 𝑒𝑥𝑝𝑜𝑟𝑡𝑒𝑑 𝑎 𝑡𝑜𝑡𝑎𝑙 𝑜𝑓 𝟐𝟎𝟔,𝟒𝟐𝟕 𝐭𝐨𝐧𝐬 𝑜𝑓 𝑝𝑒𝑝𝑝𝑒𝑟 𝑜𝑓 𝑎𝑙𝑙 𝑘𝑖𝑛𝑑𝑠, 𝑖𝑛𝑐𝑙𝑢𝑑𝑖𝑛𝑔 176,577 𝑡𝑜𝑛𝑠 𝑜𝑓 𝑏𝑙𝑎𝑐𝑘 𝑝𝑒𝑝𝑝𝑒𝑟 𝑎𝑛𝑑 29,850 𝑡𝑜𝑛𝑠 𝑜𝑓 𝑤ℎ𝑖𝑡𝑒 𝑝𝑒𝑝𝑝𝑒𝑟.

𝑇𝑜𝑡𝑎𝑙 𝑒𝑥𝑝𝑜𝑟𝑡 𝑡𝑢𝑟𝑛𝑜𝑣𝑒𝑟 𝑟𝑒𝑎𝑐ℎ𝑒𝑑 𝑈𝑆𝐷 1.3937 𝑏𝑖𝑙𝑙𝑖𝑜𝑛, 𝑤𝑖𝑡ℎ 𝑏𝑙𝑎𝑐𝑘 𝑝𝑒𝑝𝑝𝑒𝑟 𝑐𝑜𝑛𝑡𝑟𝑖𝑏𝑢𝑡𝑖𝑛𝑔 𝑈𝑆𝐷 1.1456 𝑏𝑖𝑙𝑙𝑖𝑜𝑛 𝑎𝑛𝑑 𝑤ℎ𝑖𝑡𝑒 𝑝𝑒𝑝𝑝𝑒𝑟 𝑈𝑆𝐷 244.0 𝑚𝑖𝑙𝑙𝑖𝑜𝑛.
𝐶𝑜𝑚𝑝𝑎𝑟𝑒𝑑 𝑡𝑜 𝑡ℎ𝑒 𝑠𝑎𝑚𝑒 𝑝𝑒𝑟𝑖𝑜𝑑 𝑖𝑛 2024, 𝑒𝑥𝑝𝑜𝑟𝑡 𝑣𝑜𝑙𝑢𝑚𝑒 𝑑𝑒𝑐𝑟𝑒𝑎𝑠𝑒𝑑 𝑏𝑦 5.9%, 𝑏𝑢𝑡 𝑒𝑥𝑝𝑜𝑟𝑡 𝑣𝑎𝑙𝑢𝑒 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒𝑑 𝑏𝑦 25.4%.
𝑇ℎ𝑒 𝑎𝑣𝑒𝑟𝑎𝑔𝑒 𝑒𝑥𝑝𝑜𝑟𝑡 𝑝𝑟𝑖𝑐𝑒 𝑜𝑣𝑒𝑟 10 𝑚𝑜𝑛𝑡ℎ𝑠 𝑤𝑎𝑠 𝑈𝑆𝐷 6,628/𝑡𝑜𝑛 𝑓𝑜𝑟 𝑏𝑙𝑎𝑐𝑘 𝑝𝑒𝑝𝑝𝑒𝑟 𝑎𝑛𝑑 𝑈𝑆𝐷 8,683/𝑡𝑜𝑛 𝑓𝑜𝑟 𝑤ℎ𝑖𝑡𝑒 𝑝𝑒𝑝𝑝𝑒𝑟, 𝑢𝑝 36.6% 𝑎𝑛𝑑 34.4% 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦 𝑦𝑒𝑎𝑟-𝑜𝑛-𝑦𝑒𝑎𝑟.

Top export markets:
- USA: 44,262 tons (21.4%), down 29.4% YoY but up 3.9% vs 2023.
- U.A.E: 17,304 tons (8.4%), up 18.8%.
- China: 16,567 tons (8.0%), up 79.1%.
- India: 11,370 tons (5.5%), up 20.6%.
- Germany: 10,198 tons (4.9%), down 25.8%.

𝑂𝑡ℎ𝑒𝑟 𝑚𝑎𝑟𝑘𝑒𝑡𝑠 𝑤𝑖𝑡ℎ 𝑛𝑜𝑡𝑎𝑏𝑙𝑒 𝑔𝑟𝑜𝑤𝑡ℎ 𝑖𝑛𝑐𝑙𝑢𝑑𝑒 𝑇ℎ𝑎𝑖𝑙𝑎𝑛𝑑 (+29.1%), 𝑃𝑜𝑙𝑎𝑛𝑑 (+23.7%), 𝑇𝑢𝑟𝑘𝑒𝑦 (+10.3%), 𝐸𝑔𝑦𝑝𝑡 (+4.2%), 𝑎𝑛𝑑 𝑆𝑜𝑢𝑡ℎ 𝐾𝑜𝑟𝑒𝑎 (+2.0%).

2. IMPORT
𝐹𝑟𝑜𝑚 𝐽𝑎𝑛𝑢𝑎𝑟𝑦 1 𝑡𝑜 𝑂𝑐𝑡𝑜𝑏𝑒𝑟 31, 2025, 𝑉𝑖𝑒𝑡𝑛𝑎𝑚 𝑖𝑚𝑝𝑜𝑟𝑡𝑒𝑑 𝟑𝟕,𝟕𝟖𝟑 𝐭𝐨𝐧𝐬 𝑜𝑓 𝑝𝑒𝑝𝑝𝑒𝑟, 𝑤𝑜𝑟𝑡ℎ 𝑈𝑆𝐷 236.9 𝑚𝑖𝑙𝑙𝑖𝑜𝑛, 𝑖𝑛𝑐𝑙𝑢𝑑𝑖𝑛𝑔 32,226 𝑡𝑜𝑛𝑠 𝑜𝑓 𝑏𝑙𝑎𝑐𝑘 𝑝𝑒𝑝𝑝𝑒𝑟 𝑎𝑛𝑑 5,557 𝑡𝑜𝑛𝑠 𝑜𝑓 𝑤ℎ𝑖𝑡𝑒 𝑝𝑒𝑝𝑝𝑒𝑟.

𝐶𝑜𝑚𝑝𝑎𝑟𝑒𝑑 𝑡𝑜 𝑡ℎ𝑒 𝑠𝑎𝑚𝑒 𝑝𝑒𝑟𝑖𝑜𝑑 𝑙𝑎𝑠𝑡 𝑦𝑒𝑎𝑟, 𝑖𝑚𝑝𝑜𝑟𝑡 𝑣𝑜𝑙𝑢𝑚𝑒 𝑟𝑜𝑠𝑒 𝑏𝑦 25.3% 𝑎𝑛𝑑 𝑣𝑎𝑙𝑢𝑒 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒𝑑 𝑏𝑦 65.6%. 𝑉𝑒𝑟𝑠𝑢𝑠 2023, 𝑖𝑚𝑝𝑜𝑟𝑡 𝑣𝑜𝑙𝑢𝑚𝑒 𝑠𝑢𝑟𝑔𝑒𝑑 67.9%.

Main import countries:
- Brazil: 18,481 tons (+105.0%), accounting for 48.9%.
- Cambodia: 9,705 tons (+45%), accounting for 25.7%.
- Indonesia: 6,946 tons (–32.5%), accounting for 18.4%.

Heavy rains are delaying the maturity of peppercorns in Brazil

 

  ·

Heavy rains are delaying the maturity of peppercorns in BrazilThe new crop black pepper is not expected to come out before the end of this month. Taking into account the time needed for drying and processing, we do not foresee any shipments from Brazil this year. Most companies will close for the holidays by mid-December. The first shipments are therefore expected to take place in January next year. #brasil #brazil #pepper #spices #spicebrokers

— em Linhares, Espírito Santo

Van der Does

Rising demand boosts cardamom sector

 

3. Agri Business

Rising demand boosts cardamom sector as harvest gains pace in Idukki

Prices seen range bound on firm export demand as output dips in Guatemala

By V Sajeev Kumar

Updated - November 03, 2025 at 12:40 PM.

Surging demand coupled with increased arrivals to auctions has brought cheers to the cardamom sector, even as the picking season in Idukki, a key producing region, goes on in full swing.

Though the incessant rains from May to October dented production by around 15 to 20 per cent, the rise in area and better investments has led to increased arrivals in this season. Given such a situation, the crop could be between 32,000 to 34,000 tonne in this season, S.B.Prabhakar, a cardamom planter said. The North East monsoon is expected to last till December which should contribute to a reasonable late crop, he added.

The prices are expected to remain in the range of around ₹2,400 to ₹2,700 per kg for the next 3 to 4 months. Then, the spring showers will dictate movement of prices. However there is no chance for a major drop in prices anytime soon, he said.

3. Agri Business

Rising demand boosts cardamom sector as harvest gains pace in Idukki

Prices seen range bound on firm export demand as output dips in Guatemala

By V Sajeev Kumar

Updated - November 03, 2025 at 12:40 PM.

Surging demand coupled with increased arrivals to auctions has brought cheers to the cardamom sector, even as the picking season in Idukki, a key producing region, goes on in full swing.

Though the incessant rains from May to October dented production by around 15 to 20 per cent, the rise in area and better investments has led to increased arrivals in this season. Given such a situation, the crop could be between 32,000 to 34,000 tonne in this season, S.B.Prabhakar, a cardamom planter said. The North East monsoon is expected to last till December which should contribute to a reasonable late crop, he added.

The prices are expected to remain in the range of around ₹2,400 to ₹2,700 per kg for the next 3 to 4 months. Then, the spring showers will dictate movement of prices. However there is no chance for a major drop in prices anytime soon, he said.

The Guatemala production is expected to be only around 16,000 to 20,000 tonne against their normal production of around 45,000 tonne as plants slowly recover from last year’s devastating El Nino drought.

Thus, India has overtaken Guatemala to become the world’s largest producer of cardamom in the last 2 seasons since 1981-82 after a gap of 44 years. This shortfall in production over the past two seasons has created a global deficit and India should be able to export more cardamom in the coming months.

Joseph Sebastain of EcoSpice said there has been a record inflow of cardamom into daily auctions accompanied by a robust export and domestic demand. However, with strong global demand and Guatemala’s limited recovery, India’s cardamom market is expected to remain firm and well-supported in the near term. Although Guatemala’s total cultivation area is about 40 per cent larger than that of India, its productivity remains lower due to the lack of scientific farming practices and professional crop management.

Many growers in the domestic market are now capable of holding back stock, closely observing the global market trends, and releasing produce strategically. Instead of distress sales, most farmers are selling immediately after harvest at favourable prices, ensuring steady cash flow while benefiting from high demand, he added.

According to SKM Dhanavandan, an exporter in Bodinayakkanur, the sector is gearing up for Ramadan 2026 booking and the Gulfood 2026 in January. Global demand, especially from the Gulf, is highly concentrated on grades like 6-7 mm, 7-8 mm and 8mm (superior grade). However, the quantity of small size cardamom, low-value capsules is limited right now due to the nature of the current harvest/season. This scarcity of export-preferred sizes presents a major supply-demand paradox, he said.

To capitalise on this key window and secure large-volume deals, he said a revision and strategic lowering of the average export price ($28-30 per kg) for premium grades is necessary to make Indian cardamom globally competitive.

Published on November 3, 2025

Pepper price today November 7, 2025

 

Pepper price today November 7, 2025: Stable price level, export close to record

Vietnam's pepper export price in 10 months reached 1.39 billion USD, up 25.4% despite a 5.9% decrease in volume. Black pepper price jumped 36.6% to 6,628 USD/ton.

Báo Lâm Đồng•06/11/2025

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Domestic pepper prices on November 7 were stable at around 145,000 - 147,000 VND/kg, continuing to maintain momentum in the context of slight fluctuations in the world market. According to the Vietnam Pepper and Spice Association (VPSA), in the first 10 months of the year, exports reached 1.39 billion USD (+25.4%), approaching the target of 1.5 billion USD for the whole year.

Domestic price developments: Stable across the board

Domestic pepper prices on November 7 remained stable at around VND145,000-147,000/kg, despite slight adjustments in the world market. According to the Vietnam Pepper and Spice Association (VPSA), exports in the first 10 months of the year reached 1.39 billion USD, up 25.4% and approaching the target of 1.5 billion USD - the highest level in the history of the pepper industry.

Dak Lak and Lam Dong both reached 147,000 VND/kg.

Gia Lai at 145,000 VND/kg, unchanged from yesterday.

In the Southeast, the price is similar:

Ho Chi Minh City (formerly Ba Ria - Vung Tau) keeps 145,000 VND/kg.

Dong Nai (formerly Binh Phuoc) at 147,000 VND/kg.

Thus, domestic pepper prices today remain stable, maintaining a high level of competitiveness compared to the region.

International market: Indonesia slightly decreased, Vietnam still maintained balance

In the world market, data from the International Pepper Community (IPC) shows that global pepper prices tend to adjust slightly. In Indonesia, Lampung black pepper decreased by 0.37% to 7,102 USD/ton, Muntok white pepper decreased by 0.36% to 9,737 USD/ton.

In contrast, pepper prices in Brazil and Malaysia remained unchanged at USD 6,100/ton and USD 9,200/ton for black pepper, respectively, while Malaysian white pepper reached USD 12,300/ton.

Domestically, Vietnam's pepper export prices are stable: black pepper 500 gr/l at 6,400 USD/ton, 550 gr/l at 6,600 USD/ton; white pepper remains at 9,050 USD/ton. Accordingly, Vietnam still maintains an attractive price level, ensuring good profit margins in the context of many countries being forced to reduce prices to stimulate demand.

Exports in 10 months: Value increased sharply despite output decrease

Data from VPSA shows that by the end of October, Vietnam exported 206,427 tons of pepper, of which black pepper accounted for 176,577 tons and white pepper 29,850 tons. Total turnover reached 1.3937 billion USD, up 25.4% in value despite a 5.9% decrease in output compared to the same period last year. The average export price of black pepper reached 6,628 USD/ton, white pepper reached 8,683 USD/ton - up 36.6% and 34.4% respectively compared to 2024. This shows that the value of the pepper industry is increasing thanks to high selling prices, despite a decrease in output.

In terms of markets, the US still leads with 44,262 tonnes, accounting for 21.4% of total exports, although down 29.4% year-on-year but still 3.9% higher than in 2023 – reflecting signs of recovering demand. The UAE ranked second with 17,304 tonnes, up 18.8%, while China increased sharply by 79.1% to 16,567 tonnes. In contrast, the German market decreased by 25.8%, showing caution in the European region.

On the import side, Vietnam imported 37,783 tons of pepper worth 236.9 million USD - up 25.3% in volume and 65.6% in value. Brazil is currently the largest supplier with 18,481 tons, up more than 105% and accounting for nearly 49% of total imports. Cambodia ranked second with 9,705 tons, up 45%, while Indonesia decreased 32.5% to 6,946 tons. Diverse import sources help domestic enterprises stabilize production and take initiative when international prices fluctuate.

The activities of import-export enterprises recorded strong competition. Nedspice Vietnam led exports in October with 1,922 tons, up 17.4% over the same period, followed by Phuc Sinh, Olam, Simexco Dak Lak and Haprosimex JSC. On the other hand, Olam Vietnam continued to lead imports with 8,560 tons, followed by Tran Chau and Nedspice Vietnam - the unit recorded a sudden increase of 334.7% over the previous year.

With export prices remaining high and global demand gradually recovering, Vietnam’s pepper industry is approaching the target of 1.5 billion USD in 2025. If achieved, this will be a new record, affirming Vietnam’s position as the world’s largest pepper exporter.

Source: https://baolamdong.vn/gia-tieu-hom-nay-7-11-2025-on-dinh-mat-bang-xuat-khau-ap-sat-ky-luc-400840.html

 

Girish Kumar Mada Cloves

petsrodnoSm5u142ihug4hcl8g74g 2ff24h61i3t1000u0g97uclit50auh  ·

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.

 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.

 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…


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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.