New Delhi, 06 October (NNS): The prices of cloves remained at the lower level in the domestic markets during the last some days. There is a break on the increment in the prices of cloves due to the weak demand in the local shops and arrivals of huge amount of stock from the international markets. Cloves prices remained stable at the previous level of Rs 920/1000 per kg. The arrivals of new cloves reported to be constant from the big producing countries like Madagascar and Indonesia. The imported stock has been unloading constant at the various sea ports, due to this, the supply gets affected in the wholesale markets. The sale seems sluggish on seeing the daily procurement in the big markets. On seeing the current situation of the market, the traders are not taking interest to trade at the current level.

Leave a Reply

Your email address will not be published. Required fields are marked *