Prices are up and not much quantity is available until the new crop is ready at the end of January / early February.
Dec 1st, 2019
Production is projected to start in January. There are good carryover stocks and prices remain weak for the moment. Tragically the political situation still remains unstable, logistical challenges will most likely continue.
Mar 1st, 2019
Production had just begun in January, but with the Haitian government voting to censure Maduro during January’s OAS meeting, they are no longer able to subsidize fuel prices. Production costs have dramatically increased. Prices are firm.
Aug 1st, 2018
With fuel oil prices rising, a bad situation became worse, with political instability increasing. There was rioting and there were deaths. The President has been ousted. Fortunately production of Vetiver had ceased and stocks were shipped.
Jul 1st, 2018
Availability has increased, however prices continue to be firm. Increased labor and fuel costs are cited.
Jun 1st, 2018
With rain diminishing crop size prices continue to firm.
May 1st, 2018
Rains during the traditional harvest period in Haiti have deterred some farmers from harvesting in addition to diminishing the yields from roots that are harvested. In Indonesia available quantities this year are higher than those of last year.
Mar 1st, 2018
Processing of roots into oil continues, however expenses at both the farm level and processing plants have increased. Pricing has firmed and will continue to firm in the foreseeable future.
Nov 1st, 2017
Very little of the Indonesian quality is available at origin. In Haiti, no new distillation will begin before the new main harvest starting in January / February.
Jul 5th, 2017
Production is limited due to the continued suffering from the effects of the heavy rains that occurred and considerably delayed distillation. Strong demand has forced prices to climb higher. With the major harvest in January/February, relief is not expected soon.
Jun 2nd, 2017
Heavy rains in Haiti have made harvesting of the roots very difficult. Prices for oil continue to go up.
Mar 1st, 2017
There does not seem to be any offers of oil from Indonesia and oil production has just started in Haiti. Haitian oil pricing is firm as demand seems to be greater than supply.
Feb 1st, 2017
New production has just begun in Haiti though availability is limited and prices continue to firm. Indonesian Vetiver is extremely limited and pricing today is higher than that from Haiti.
Jan 3rd, 2017
We have reports indicating that production will start in January. Despite this, prices are not expected to soften as strong demand and increased fuel prices will likely continue to drive up prices.
Nov 1st, 2016
Here as well, Hurricane Matthew has caused turmoil in the supply of this ingredient.
Oct 4th, 2016
Similarly to Amyris, prices continue to rise as availability is not able to cover demand.
Sep 7th, 2016
Similarly to Amyris Oil, there is not enough Haitian Vetiver to cover demand. Additionally, production in Indonesia appears to be non-existent.
Aug 3rd, 2016
Situation unchanged. Prices for Haitian Oil continue to rise as demand exceeds supply. Oil from Indonesia is not readily available at any price.
Jul 1st, 2016
Oil from Indonesia is extremely difficult as there appears to be very limited processing being done. In Haiti the crop is mostly over and supply is not meeting demand. Prices for both Vetiver Oils continue to climb.