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Lower nutmeg oil prices reduces supplies to market

  • Lower nutmeg oil prices reduces supplies to market

    by Market Insider

    Monday, 06 Jun. 2016

    Indonesia reports slow supply from all producing regions, in response to current low prices (by comparison with the high prices of 2014). Increased supply from the new plantings in 2014/2015 reduced prices significantly, but at current prices many farmers are reported to be abandoning plantations. Stocks with the major traders are reported to be low, so this may lead to a firming of prices. 

     

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