We have reports that drought in the growing regions was followed by monsoon-like rains. Processing has been hampered due to lack of suitable shoots. Pricing has climbed and relief is not expected until the end of September or early October.
The Indian crop was off and delayed due to inclement weather. Both total yield and Davanone content are lower that normal. Prices have increased.
We have reports from several suppliers that the crop has suffered badly due to weather conditions. Supply is extremely short and there are no current offers.
Similarly to Amyris Oil, there is not enough Haitian Vetiver to cover demand. Additionally, production in Indonesia appears to be non-existent.
Pricing is still firm as there is no relief yet from other sources of product.
Prices remain firm and availability is still limited.
Several reports indicate that the new crop is short. Instead of easing, as is traditional for this time of year, prices for both products have firmed.
Prices are expected to be firm until the new crop in December and January. The Spice Market is still reporting strong demand for fresh Ginger.
Pricing is still firm with one major Indian producer claiming to be sold out until early September.
Prices continue to firm for both ingredients as the supply of Cassia is limited.
We have had several dealers indicate that demand for Anise Oil will escalate. In light of the Oil’s use in both Western and Traditional Chinese Medicine, the oncoming Fall/Winter cold season and the growing threat of Zika lead us to believe that this is the case. We have seen prices begin to firm and expect this to be the trend for a few months.
We have several sources indicating that prices have not yet peaked, with some stating they expect prices to be double their current levels before long. The Spice Market reports that the demand for fresh Garlic vastly outstrips availability. The Chinese crop was poor and the drought in California has provided no relief.
No real relief here. Reports continue to state that oil is limited due to conditions in the main growing region of Yunnan.
Reports from Brazil indicate that sellers are keeping prices firm. There is no relief from Florida. We expect this to continue until the 2017 crops and are doubtful that prices will ease much even then.
With the onset of the rainy season in Indonesia prices have started to firm.
Here too rains have affected harvesting, causing prices to firm.
Prices remain firm and supply is still tight.
Our most recent report from August 22nd continues to advise that Gum Turpentine prices are firm. In Yunnan Province most processors of Gum Resin have temporarily ceased production as demand is off. Those producing Gum Turpentine are reportedly sold out and no spot Turpentine is available. We have seen some pricing on derivatives such as IBA reflect this, and expect to see more price increases.