Prices have softened slightly as there are roots in the market. It would also appear that several more processors have finished their conversion to natural gas from coal and are in need of cash, so selling oil at/or near cost.
Lack of rain cut down this crop, as all grasses need water. Shortages of Synthetic Citral allowed those who could afford to switch to Lemongrass as a source of Citral, albeit Natural. This has kept prices high.
Prices continue to spiral upwards. Last growing season severe drought followed by cyclones damaged the crop. Many farmers reportedly have switched to food crops.
The Spice markets report that prices for this spice have softened. With new crop due in India in a few weeks it is expected that this trend will follow. It is expected that oil prices will soften also.
In January snow and ice damaged trees in the growing area, followed by more damaging storms in February. With limited amounts of leaves and fruit prices are firm.
Here too, stocks are being consumed and there will be no replacement until September. Prices continue to climb.
No relief here, demand far exceeds availability of oil. Additionally, our weekly testing of oil has found very few lots that match quality specifications.
Very few offers from source as it appears Madagascar is sold out and Indonesia has none to offer. Eugenol and derivative prices continue to climb.
We have been advised that prices should be steady.
There continues to be high demand for Lemongrass, specifically as a Citral source. Reports indicate that prices at the farm level increase daily, as low availability has allowed for a “bidding war” to ensue.
With the autumn crop processing already started one would expect prices to ease. However, reports indicate that with the higher prices reached several months ago, farmers are staying firm. The amount of new oil reaching the market is reportedly limited and current offers reflect this. More oil from “fruits” is available as Natural Anethole offers can be found. Anise Oil offers are extremely limited at present.
Strong demand has kept prices firm. Limited availability has led to poor quality material entering the market place and being offered a current premium pricing.
Damage cause by Cyclone Ava has impacted the Clove crop in Madagascar. Supply is expected to tighten for the near future.
No relief here, prices firm and offers limited. The anticipated new oil that came in the Fall was smaller than expected.
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.
Prices are firm and there are limited offers coming only from dealers.
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.
Monsoon rains did not alleviate problems with this year’s crop. Quality issues and high demand is keeping prices high.
Reports continue to advise that the upcoming autumn crop will be less than that of 2016. They also advise that due to the BRICS meeting in Xiamen, a major processor was forced to suspend production during September. Pricing seems to have stabilized for the present but any unexpected demand could cause this to change.
With strong demand for Eugenol and with the producers in Indonesia not yet up to normal production levels due to an extended rainy season, prices remain firm.
Reports continue to state that upcoming crop will not be able to cover all demand. Bad weather is a primary reason. Prices continue to rise as little carryover exists.
Reports still confirm production is limited due to the strict environmental regulations being enforced, especially on many of the smaller producers. Prices have firmed.
Production still limited due to environmental constraints. Spice market indicates that crop was good, but exceptionally strong demand has caused prices per kilo for bulbs to increase, rather than soften. Prices continue to firm and correct quality is still difficult to locate.
Still watchful of quality, prices remain firm.
Here too, prices firm as drought in growing regions has not been fully compensated by monsoon rains.
With too much rain in Southern China, there are potential reports that much of the fall crop has rotted. With limited raw material available and higher labor costs, prices have increased. We would expect this to last until the spring crop.
The lengthy rainy season experienced in Indonesia has seriously impacted the crop. Along with thunderstorms and strong winds, trees did not flower normally; producing fewer cloves. We are now in the “dry” season, but have yet to see any significant easing of prices; actually they seem to be very firm.
Also affected by rain, there appears to be a shortage of good quality oil at this time. There is a report that when prices dropped precipitously, several processors closed, unable to cover overheads. As a result prices continue to firm.
When the government forced processors to switch to gas fired burners from coal, production reportedly switched to a different province. This caused prices to soften, albeit for a very short time. It did not take long before the government forced the change to take effect in that province also. With lack of dried roots available prices are firm.
We have seen more and more offers for “Garlic Oil” at low prices. However, when evaluated, these products do not qualify as “Oil” failing basic tests. Quality remains a serious issue and prices remain firm for the correct quality.
1 2 3 … 6 Next »