There continues to be high demand for Lemongrass, specifically as a Citral source. Reports indicate that prices at the farm level increase daily, as low availability has allowed for a “bidding war” to ensue.
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.
Oct 1st, 2019
prices continue to come down but take care as many bad and adulterated qualities are in the market.
Mar 1st, 2019
This is an “off-month” for production of oil, as plant growth lessens in winter. Reports indicate that whatever limited oil has been produced is very low in Citral content. Would expect to see some upward adjustment in prices.
May 1st, 2018
Lack of rain cut down this crop, as all grasses need water. Shortages of Synthetic Citral allowed those who could afford to switch to Lemongrass as a source of Citral, albeit Natural. This has kept prices high.
Apr 1st, 2018
No relief here, demand far exceeds availability of oil. Additionally, our weekly testing of oil has found very few lots that match quality specifications.
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.