May
2016
Archive

garlicoilchinese

GARLIC OIL CHINESE


May 2016

The Spice Market has reported that prices for fresh have soared this month as reports of poor crops have encouraged speculation.  These reports of high prices are echoed by one Chinese dealer  who also claims that oil production in May will be half of normal levels and that prices will continue to increase.  Current offers confirm that prices are increasing.




Posted In
HERBS


cornmintandmenthol

CORNMINT AND MENTHOL


May 2016

One manufacturer estimates that 2016 production will be 30,860 metric tons, up from 2015’s total of 24,650 metric tons.  They also report that stocks held at India’s Multi Commodity Exchange (MCX) are half of what was held in September of 2015.  A second manufacturer reports that production this year will be 25-30% greater than that of 2015, however, he also believes that little carryover from 2015, a lack of added Synthetic Menthol production, and higher demand in 2016 will contribute to firm prices.




Posted In
MINTS


turpentinederivatives

TURPENTINE & DERIVATIVES


May 2016

Reports state that Guangxi, Guangdong, and Jiangxi provinces have received heavy rains this month.  Current pricing for Gum Resin and Turpentine has contributed to unappealing wages for the tappers.  Both of these factors could potentially delay and reduce the new crop.  Prices are expected to firm.




Posted In
SYNTHETICS


vanillin

VANILLIN


May 2016

Overproduction among manufacturers to keep market share continues to contribute to softer pricing.  With Petroleum prices rising, however, this situation may not persist.




Posted In
SYNTHETICS


blackpepperoil

BLACK PEPPER OIL


May 2016

The spice market reports that this year’s crop in India was significantly lower than that of last year.  It also reports that drought and now heavy rains have caused peppercorns to drop prematurely, negatively affecting Indonesia’s crop.  A good crop in Vietnam has offset this, allowing prices to soften.




Posted In
SPICES


Contact