Pricing still firm as inventories dwindle. Difficulty in finding offers greater than 20 drums.
The crop is off due to the rains and reports continue to state that whatever was harvested was low in Citral. Prices keep rising as demand appears to outstrip supply. We have been advised that prices will continue to firm and that there will be shortages until the new crop in August 2018.
Rain in the growing regions has slowed harvesting but more importantly has had an impact on the quality of oil being produced. Citral content is reported at 60-62%, below the normal levels of 67-68%. This has forced producers to process more mass in order to meet specs. This in turn has resulted in prices increasing instead of softening. While still early in processing, reports indicate situation will not change.
With carryover virtually consumed, any offers received today are for limited quantities with high prices. Reports on the new crop should be received shortly with the anticipation of prices softening.
Supply for both items is limited and therefore prices are firm. New crop should start to be harvested end-July/early August, with good quality Litsea available in September. Indications are that pricing will soften then.
The new crop is expected in July and August. Prices continue to firm but if all goes well it should be a good crop.
Prices continue to firm. With the new crop not due until August and oil not until September, pricing should continue this trend.
Reports continue to state that pricing will firm until September when new crop oil becomes available.
With the new crop not until August and September and the small 2016 crop pricing has firmed. Several dealers have stated that they expect prices to continue to firm until September.
Indications are that supplies of last year’s Litsea Cubeba crop are diminishing. While prices are currently stable they are expected to firm soon. Natural Citral prices have begun to increase.
We have reports stating that a balance of supply and demand is keeping prices stable. Any unexpected demand will upset this balance, forcing prices up.
Due to shifts in currency, prices for these items softened slightly. However, reports estimate that total production in 2016 was only 60% of 2015’s totals. We expect that as supplies dwindle prices will continue to firm.
Reports continue to advise that floods and heavy rains during August and September resulted in fewer berries available for processing. Additionally we have reports that yields are down, suggesting that the price will increase until the new crop in 2017.
Prices continue to firm as reports advise that the crop is short due to heavy rains and flooding. We also have evidence that Citral yield is down, adding more pressure to pricing. There will be no relief until the new crop in 2017.
Several reports indicate that the new crop is short. Instead of easing, as is traditional for this time of year, prices for both products have firmed.
The new crop will not be available for several more weeks and prices are still firm.
Prices on both products remain firm as carryover continues to diminish. We expect this to continue until mid-September when new oil will reach the market.
With the new crop not starting until August and carryover reaching depletion prices are beginning to firm.
One dealer advises that with carryover all but consumed, prices should begin to firm. This is likely to continue until the new crop is available in August/September.
We have a report that supply and demand are currently in balance, keeping prices stable for the time being. Any increase in demand before the new crop is available in August will likely cause prices to increase.
We are being advised that prices are stable, but experience suggests that prices will still be sensitive to spurts in demand. A smaller than normal crop will have to last until the new one in August/September.
Prices remain stable.