With the Chinese Crop seriously impacted by heavy rainfall prices continue to firm. As a reference, 2015 China’s production was 2,300 tons, 2016, 1,500 tons and 2017 1,200 tons. The estimate for 2018, is lower than 2017.
Indonesia, suffering heavy rains also, has had limited availability.
Prices are firm.
Prices remain firm as poor crops have led to limited quantities.
Heavy rains in the primary growing regions in India, have temporarily hampered production. But again this is a temporary situation.
While the Chinese Government has devaluated its currency against the U.S. dollar, causing a small drop in prices, we have several reports indicating demand has increased.
With no new oil entering the market yet it is expected that prices will continue to firm.
The 2018 crop was substantially less than 2017, causing prices to continue to climb. Reports indicate famers are holding firm, as yields were down to the heavy rain falls in the growing regions. With demand for Natural Citral expected to increase, prices for both are sure to climb.
With Production of Butyric Acid in China having started again, limited offers are being made. Prices are firm and do not expect any easing first half of 2019
There was an easing of prices in September but reports indicate pricing has firmed as carryover dwindles.
With two major Typhoons flooding a large portion of a major growing region prices have begun to firm. Reports indicate harvest will be down dramatically
With growing regions have suffered heavy rainfall, production was hampered. While rains have coastal production not yet back to normal and prices firm.
Continuous rainfall during June and July has caused crop to be off. Prices for both Conventional and Organic Bulgarian Lavender have escalated. With strong demand from Aromatherapy do not see any easing before the new crop.
• Several reports from China have all stated that Gum Turpentine prices continue to climb weekly.
• Supply is tight and most derivatives are also limited.
Pinenes, Terpineols, Terpinyl Acetate, Gamma Terpinene and Camphor Synthetic have all had price increases over their prices in September. Dihydro myrcenol from China dropped from its unusually high price in the summer, but reports state production is limited.
Factories are beginning to produce this month but production is limited to 40% or less of capacity. Prices have jumped.
While cultivating should be beginning reports indicate that last year’s low demand has discouraged planting. We would expect to see prices start to firm.
On October 11th the USDA released its forecast for the Florida Orange Crop. No surprise, total was dramatically higher than 2017’s which was impacted by the Hurricane season.
Total estimated is 45 million boxes of Valencia and 34 million boxes of early mid-season and Navel.
Orange prices have, nonetheless stayed firm; while there has been an easing of Orange Terpene prices.