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Market Report

Fundecitrus released its latest orange crop forecast for the São Paulo and West-Southwest Minas Gerais citrus belt in early December, indicating total orange production is now projected at 223.14 million boxes. This represents a 3.4% increase compared to May 2024 estimates, though the most recent […]

The latest Fundecitrus report indicates total orange production in Brazil has increased 3.4% since the previous forecast in September. The productivity of this season was especially difficult to estimate due to the atypical emission of the fourth bloom, which was extremely late, resulting in some […]

Availability of new materials is essentially nonexistent, and prices are firm. The next crop is scheduled for February-March 2025.

The lemongrass oil market is showing gradual improvement after hitting near-historic low prices in recent months. Production of the material has concluded, and prices are expected to rise gradually depending on demand. The next crop is scheduled for the end of February. If carryover material […]

The current season has faced numerous challenges due to heavy rainfall, causing the loss of seeds and nurseries within davana producing regions. Despite these setbacks, transplantation is now in full swing. However, many farmers have had to purchase new nurseries at high prices, leading to […]

Prices for Indian palmarosa oil have moved up in recent weeks and there is limited availability. Guatemalan origin is competitive but limited quantities available.

Prices for Chinese citronella oil have moved up in recent weeks.

Rainfall in Indonesia continues to impair the production of citronella oil. Prices are moving up and quantities are limited.

Spain’s Citrus Management Committee (CGC) recently published a statement indicating “the campaign hasn’t been brought to a halt by the floods. All warehouses in Valencia are operational and guarantee supply to the EU.” This comes in response to historic storms that struck eastern Spain in […]

The geopolitical situation in Haiti is declining and US airlines have recently been prohibited from flying into Haiti’s airspace.

The geopolitical situation in Haiti is declining and US airlines have recently been prohibited from flying into Haiti’s airspace.

Manufacturers have reported longer lead times and additional delays in the production of this material due to heavy rainfall and poor weather conditions in sourcing regions. This is expected to cause ripple effects throughout any GT-dependent market over the coming months.

Manufacturers have reported demand for this material is surging.

Manufacturers have reported demand for this material is surging.

Countervailing duties have recently been implemented against imports of Chinese vanillin and ethyl vanillin. The anti-dumping decision on these products is still ongoing, and we expect prices to rise in response to these additional duties.

Countervailing duties have recently been implemented against imports of Chinese vanillin and ethyl vanillin. The anti-dumping decision on these products is still ongoing, and we expect prices to rise in response to these additional duties.

Prices for l-carvone are reaching historic heights and trending upwards. As prices continue to rise, suppliers may become unwilling to import new material, which can lead to regional shortages as existing supply is depleted.

Clove Overview Cloves are the ripe, unopened flower buds of the Syzygium aromaticum tree, which is endemic to the Maluku Islands of Indonesia. Today, clove is grown in many regions including Indonesia, India, Sri Lanka, and Madagascar. Clove trees are widely renowned by farmers due […]

The cost of materials for benzaldehyde production have increased by more than 10% in India during September, though recent reports indicate pricing may have reached its peak. Benzaldehyde experienced an acute shortage in recent months due to high demand and prevalent usage in various agricultural […]

After just three days of widespread labor strikes, the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USXM) have reached a tentative agreement to extend their labor contract until January 15th, 2025. This extension provides both sides with time to gather their arguments […]