
Cinnamon Leaf Oil (Ceylon)
Full Market History
New crop to start end of May but plants have been stressed with unpredictable weather in the last months. Prices remain firm.
Production of cinnamon leaf oil typically begins in June, though heavy rainfall in Sri Lanka has delayed the distillation process this year. As of last week, rains in cultivation regions have subsided, and producers have reported that production will begin immediately. One of the largest concerns for the cinnamon leaf oil market at this point is shipping delays – many producers have reported delays upwards of 3+ weeks in securing new shipping vessels.
Production of cinnamon leaf oil has been delayed due to heavy rainfall at source. Cinnamon leaves must be completely dried before the distillation process can begin, as wet material lowers overall yields during production. Prices for new cinnamon leaf oil are firm and availability is extremely limited.
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