With the drought still in effect in Southern India, production has been limited. Competition from collectors and strong demand has kept prices firm. This has caused oil of questionable quality to enter the marketplace. Hopefully the upcoming monsoon season will alleviate this situation and production will return to normal.
Jan 30th, 2020
Production will resume in early March. Lots of inventory but quality is inferior. Lots of phthalate contamination. Prices are soft.
Jan 10th, 2020
Demand and offer are at balance and prices are stable. The largest challenge facing right now is adulteration and contamination.
Jan 1st, 2019
Reports continue to advise that up to now the winter season has not affected production yet. However, this is not expected to last and expect prices to firm as production slackens
Dec 1st, 2018
Reports indicate that even though colder temperatures have set in the growing regions production has increased. Prices still firm.
Nov 1st, 2018
Heavy rains in the primary growing regions in India, have temporarily hampered production. But again this is a temporary situation.
Feb 1st, 2018
Strong demand has kept prices firm. Limited availability has led to poor quality material entering the market place and being offered a current premium pricing.
Jan 4th, 2018
With the shortage of Synthetic Citral, the internal demand in India for vitamins has caused manufacturers to switch to Lemongrass for Citral. This has caused prices to escalate and has limited availability.
It is now the wrong season in Guatemala and availability there has been limited for years as prices are too high compared to Indian.
Sep 1st, 2017
Still watchful of quality, prices remain firm.
Aug 1st, 2017
There have been reports that the Monsoon Season this year has not provided enough rain to ease the conditions in drought stricken growing regions. This has kept prices firm. Strong demand has caused measures to be taken that have brought about serious quality issues.
Jun 2nd, 2017
Due to the drought earlier this year, availability of quality oil has been an issue. Hopefully the upcoming monsoons will alleviate this problem.
May 1st, 2017
With severe drought in the growing region of Cochin, prices continue to be firm. With availability an issue, there may be some relief after monsoons come at the end of May/June.
Sep 7th, 2016
We have reports that drought in the growing regions was followed by monsoon-like rains. Processing has been hampered due to lack of suitable shoots. Pricing has climbed and relief is not expected until the end of September or early October.