Clove Leaf Oil

As the rainy season begins in Indonesia, clove leaf oil (CLO) production drops due to wet conditions. This makes leave collection and drying difficult. In Madagascar, CLO production also declines but this is due to farmers shifting focus to harvesting more valuable clove buds from October to March. Overall, CLO output is expected to fall in both countries, likely keeping prices high through to the end of the year, depending on stock levels and global demand.