August
Market
Report

EUCALYPTUS
OIL
&
EUCALYPTOL

EUCALYPTUS OIL & EUCALYPTOL


August 2017

We have reports that state demand for both has increased. With limited availability prices continue to be firm. We have also received a report that advised that rains in certain growing regions in Yunnan are currently hampering collection, adding more pressure on prices. Sentiment is that pricing will not ease this summer.






Posted In
Herbs

GARLIC
OIL
CHINESE

GARLIC OIL CHINESE


August 2017

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.






Posted In
Spices

CLOVE
LEAF
OIL
&
DERIVATIVES

CLOVE LEAF OIL & DERIVATIVES


August 2017

With Indonesia still not producing at a “normal” rate, prices continue to firm. These prices are expected to ease late summer as we are now in the “Dry” Season and very shortly production of oil should increase. In line with Indonesia, Madagascan oil pricing has risen. Madagascar crop should begin in August, so early Fall should see prices soften.






Posted In
Spices

TURPENTINE
&
DERIVATIVES

TURPENTINE & DERIVATIVES


August 2017

Our most recent report (July 15th) is advising that Turpentine prices have stayed firm. Rain in the main Pine growing regions has not helped supply. This report also states that demand for derivatives is lackluster, as downstream plants reportedly have no urgent orders they need to cover. These plants expect prices to soften so are in no rush to buy at this time.






Posted In
Synthetics

MENTHA
PIPERITA

MENTHA PIPERITA


August 2017

On July 1st a Goods and Services Tax (GST) went into effect, at a rate of 12%. Impact on pricing is what one would expect. With less acreage planted, increased strength of the Rupee and this new tax, prices have changed weekly. Several producers anticipate prices to continue to rise for some time.






Posted In
Mints