Nutmeg price falters

INDIAN nutmeg prices have dropped by up to 7.5% over the past week to Rs185 ($4.19) a kg as farmers released stocks onto the market. The fall defies Indian farmers’ initial outlook for a 10% to 15% smaller nutmeg crop that is expected to start a month late in April…READ MORE

Read more

Indian nutmeg price fall defies poor outlook

INDIAN nutmeg prices have dropped by Rs10 to Rs15 a kg on low upcountry demand. Price of nutmeg without shell has declined to Rs185 a kg from the Rs195 to Rs200 a kg level registered a week ago. India’s season generally hits full swing in April, although initial supplies often hit the market in March…READ […]

Read more