Clove: not expected to rise - 11 May, 2016

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Clove Janjibar held flat at the previous level of Rs 690 per kilogram on slow buying from stockists because of the higher prices. Recently, it has registered a hike of Rs 20. The outlook is not bullish owing to the import being double. Clove in spot is not expected to rise in the next 1-2 days.

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