Monsoon rains did not alleviate problems with this year’s crop. Quality issues and high demand is keeping prices high.
Here too, prices firm as drought in growing regions has not been fully compensated by monsoon rains.
Similar to Lemongrass, rain is needed in the growing regions. Prices remain firm and quality is questionable.
The drought has disrupted this crop as well. Lack of rain in April and May did not help the situation. It is difficult to find “good” quality Palmarosa at an attractive price. Demand has forced the market to continue to firm. With the lack of Palmarosa Oil, Geraniol ex Palmarosa prices have jumped accordingly.
The situation here is similar to Lemongrass. Quality oil has been difficult to source.
Here the situation is similar to Lemongrass. Prices are firm, availability is tight, and demand is strong.