There is large carryover from last year’s crop but this product is being sold at a slight discount due to low Davanone content (40-45% vs 49-50%). New crop is being processed now.
Similarly to Clove, the cyclone’s impact was damaging to the crop of Ylang Ylang. Supply is expected to tighten for the near future.
Heavy rains in China have kept production down by some 20%. Egypt, watching prices climb in China, has seen prices climb also.
With the harvest not until the summer, inventories are slowly diminishing and prices are beginning to increase.
In Bulgaria, a late cold snap and then bad thunderstorms with hail have impacted the crop. Additionally, reports indicate the Russian crop was limited and sold out against advanced orders. Total production is down. Strong demand in the wake of these reports has also contributed pressure on the supply. Prices have jumped substantially over last year’s.
Current reports confirm that this year’s total production is less than that of last year. They also advise that carryover is limited. With speculators being active in the market prices continue to firm.
Availability continues to be good after this year’s good harvest.
Vendors state that supplies are tight and prices are up.
Crop in China is over and as predicted total production was less than last year. Prices are firm. Egypt is reporting that production this year will be less than last year and with little carryover, prices will climb higher.
While the crop this year produced abundant flowers, many, if not all, processors are advising yields are low.
The crop this year was good with higher volumes of oil than last year.
Traditionally, oil produced in April from immature flowers is sub-standard. Reports from dealers are advising just this; current offers are for poor quality oil. Pricing should stay firm until prime quality oil is available end-June, July.
One report states that high prices have encouraged more planting of Geranium in China for 2017. A dealer estimates that 20% more acreage has been planted and that hopefully yield will be better than in 2016. Until oil is available in July, prices will remain at their currently high level.
Pricing continues to rise as availability of oil is an issue. New oil should reach the market in May but it is too soon to have any reliable information on crop size and yield.
Harvesting is ongoing and offers are tentatively being made.
Now that the traditional holiday season lull is over, prices are firming as demand is increasing.
Harvesting has just begun in India and the new crop should be available in March. It is hoped that the current crop will bring Davanone levels back to normal. Pricing indications are slightly lower than those of last year.
Harvesting should begin by the end of the month. Hopefully, Davanone content will return to normal and prices will ease.
The crop is over and no new production is expected until the next crop in May/June 2017.
With more and more acreage dedicated to grapes, prices have increased every month since July. We do not foresee this trend ending anytime soon.
This year’s cultivation has been less than last years and with the harvest over in September prices continue to be firm. Reports suggest that with no new production until May 2017 prices are expected to be firm until then.
Prices surged in late September in response to strong demand and the news from the Chinese market. These increased prices may contribute to more cultivation next year, making this elevated pricing short-lived.
Little has changed in the Geranium market as the crop is still short and prices are firm.
The Indian crop was off and delayed due to inclement weather. Both total yield and Davanone content are lower that normal. Prices have increased.
Situation unchanged. The crop is small and prices are high.
A small crop has helped to keep prices firm. This situation is likely to continue through the end of the year.
Reports continue to state that this year’s crop will be vastly reduced from last year’s . High labor costs, disinterest of farmers, and less planted acreage have all been cited as reasons. Prices are expected to stay firm for the remainder of 2016.
The harvest has begun but at a reported 15 kilos per day, output is small. With preferred quality Oil not usually available until late June/early July prices are expected to stay firm.
The new crop is expected to be done in June/July. With Egyptian Oil at half the price of Chinese, prices for this variety are expected to increase shortly.
A first hand account from a dealer visiting the Chinese growing region of Dali cites less acreage devoted to Geranium this year, as farmers have switched to more profitable crops. This aligns with the reports of declining Oil production that we have received for the last several years. Since the bulk of the Chinese crop becomes available in May and June we would not expect any movement in price until then.
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