The major factory that produces Natural Methanol has been closed by the Chinese government. This has caused production of U.S. Natural Maple Lactone to cease. European Natural Maple Lactone is also limited and is more than double the price of U.S. Natural.
We have been advised that the major producer of this material has been forced to close due to pollution, therefore Natural Ethyl Butyrate as well as Natural Butyric Acid prices have risen and availability is limited. There is hope that pollution controls will be in place sometime in November and production can resume then.
Major producer in China has had factory closed for a variety of reasons, including pollution. Prices have escalated. Very limited and restricted production is reported to be starting soon in December / January, but it will take time to fill pipelines as inventories are minimal.
After several attempts to locate “traditional” quality we fear it is no longer produced in China. The “new” quality cannot be substituted in place of what was considered “standard”.
Several processors and dealers have all forwarded the information that Florida’s crop is off by 50%. Extent of tree damage is still not finalized. Some indications are that Brazil’s production will help fill the shortfall, but time will tell the accuracy of this estimate.
Prices continue to rise as supply cannot cover demand. One major supplier has no stock to offer at present. Reports still indicate no relief until May – July 2018.
Offers from unexpected sources have appeared with lower prices than those offered by traditional sources. These prices make quality questionable so precaution is needed.
Pricing still firm as inventories dwindle. Difficulty in finding offers greater than 20 drums.
We have been advised that Resin/Adhesive producers have switched to cheaper petrochemicals from Gum Rosin. With less demand for Rosin, less Gum Turpentine has been produced, leading to ever increasing prices. This has caused serious problems in the market place.
- Iso Bornyl Acetate – with factory closings in China and lack of feed stocks, prices have soared. An Indian producer has advised that he cannot fulfill open orders, and is offering one FCL in an auction.
- Dihydro Myrcenol – closures in China, unfulfilled demand incredibly short worldwide.
- Camphor Gum USP – one of the largest producers in China has ceased production. Feedstock issues.
- Terpineols, Terpinyl Acetates – prices up.
With rainy season in Madagascar approaching and Clove Leaf Oil still short in Indonesia prices have continued to firm. Eugenol is tight as demand is very strong. Clove Leaf Redistilled, Eugenyl Acetate, Iso Eugenyl Acetate, Methyl Eugenol, Caryophyllene have all seen prices rise.
With the major producer still shut down these two are short. There are no offers on Maltol coming from China, and Ethyl Maltol continues to be limited with prices climbing weekly.
Prices are firm and there are limited offers coming only from dealers.
Prices at source have gradually come down. After a good crop quantities are available at source.
2016 season ended at reduced rate of approximately 25% which has led to very limited carryover going into new crop. Rainy season has been favorable for a strong crop; however, simultaneously recent heavy rains have caused some logistical challenges in seed collection at the start of harvest now. Prices presently remain firm.
Very little of the Indonesian quality is available at origin. In Haiti, no new distillation will begin before the new main harvest starting in January / February.