The Clove Leaf fields suffered from excessive rainfall due to La-Nina. Various regions where the leaves are collected for distillation did not show a promising output. Typically, clove leaves are harvested during the dry season (July – November), however Indonesia has not experienced a dry period. The extreme rainfall has affected the availability of product.
COVID-19 kept pricing firm, with limited increases. As we move forward into the winter months there will be a substantial price increase due to La-Nina. The inquiries for Clove Leaf are starting to rise; demand will continue to be tight with a price increase through June 2021.