MASAGASCAR: Prices continue to weaken, demand is off.
INDONESIAN: Following Madagascan oil, prices have softened.
Jan 10th, 2020
Heavy rains for prolonged periods in Indonesia limits the leaf drying capability and oil yields are lower. Prices are firming
Aug 1st, 2019
With harvesting going on, prices have begun to soften from the highs of early 2019. We expect this to continue through September.
Jun 1st, 2019
MADAGASCAR: We have seen prices soften, as it appears demand has eased.
INDONESIAN & DERIVATIVES: Here too, prices have softened slightly. Dry season is here, and harvesting of leaves has now become easier. With that, Eugenol prices have begun to soften also.
May 1st, 2019
Although rainfall kept output down prices have stabilized.
Feb 1st, 2019
With El Nino in control thru at least the end of February, heavy rains have hampered harvesting of leaves. Reports indicate that processors are competing against each other, trying to secure crude oil. Prices for Clove Leaf Oils, Eugenol, Iso Eugenol, Stem, Bud etc. are expected to firm.
Jul 1st, 2018
Production not yet back to “normal” levels, after the rain that has been experienced. Demand is high and prices firm for Eugenol, Clove leaf Oil and Iso Eugenol.
Jun 1st, 2018
We are beginning the “Dry” season now in Indonesia. However, poor weather had limited harvesting. High demand has kept prices high for Clove Leaf Oils, Eugenol and Derivatives.
Apr 1st, 2018
Very few offers from source as it appears Madagascar is sold out and Indonesia has none to offer. Eugenol and derivative prices continue to climb.
Feb 1st, 2018
Damage cause by Cyclone Ava has impacted the Clove crop in Madagascar. Supply is expected to tighten for the near future.
Nov 1st, 2017
With rainy season in Madagascar approaching and Clove Leaf Oil still short in Indonesia prices have continued to firm. Eugenol is tight as demand is very strong. Clove Leaf Redistilled, Eugenyl Acetate, Iso Eugenyl Acetate, Methyl Eugenol, Caryophyllene have all seen prices rise.
Oct 1st, 2017
With strong demand for Eugenol and with the producers in Indonesia not yet up to normal production levels due to an extended rainy season, prices remain firm.
Aug 1st, 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.
Jul 5th, 2017
With harvesting of Clove delayed by the abnormally long rainy season and the one month respite due to Ramadan, little Clove Leaf Oil has been produced. Prices have firmed, including for Eugenol and Iso Eugenol. It is expected that prices will ease later on this summer into autumn.
Jun 2nd, 2017
The harvest has been postponed for one month as Indonesia continues to receive heavy rains. This combined with last weekend’s start of Ramadan has contributed to a firming of prices.
May 1st, 2017
The “dry” season in Indonesia has been delayed by one month, due to the incessant rains. Pricing should be firm until end-summer as production should be back to “normal” by then.
Apr 1st, 2017
With a deadly cyclone in Madagascar and incessant rains in Indonesia, prices for the following ingredients are rising: Clove Leaf Oil, Clove Stem Oil, Eugenol, Methyl Eugenol, Methyl Iso Eugenol, Iso Eugenol, Eugenyl Acetate, Iso Eugenyl Acetate, and Vanillin ex Eugenol. From Madagascar, expect the Ylang Oils and Vanilla to escalate as well.
Mar 1st, 2017
Prices are still firm as weather is still hampering collection of leaves.
Feb 1st, 2017
Reports continue to advise that steady rainfall in Indonesia is hampering the collection of leaves. With supplies of Crude Clove Oil reportedly limited prices continue to firm. Eugenol, Iso Eugenol, Caryophyllene, Methyl Eugenol, Methyl Iso Eugenol, Vanillin ex Eugenol, and Propenyl Guaethol have all firmed. With the rainy season lasting through March & April we do not expect prices to ease soon.