With the Chinese Government enforcing more and more stringent pollution regulations, reports indicate several processors have been forced to close. Those that have been allowed to produce have increased their prices to offset pollution investment. Prices firming.
After seeing prices drop precipitously prices have started to rise. Reports continue to advise factories that did not take the Government Environmental Policies seriously have been closed. Expect prices to continue to firm as the “illegally produced” oil is consumed.
There is a large range of prices, but again, one is reminded “you get what you pay for”. Quality remains an issue.
The Spice markets are reporting this year’s crop is large forcing prices for cloves down. We have reports that many Garlic processing factories have been closed due to strict environmental policy enforcement. Even so, prices have begun to soften. However, one dealer cautions that receiving particularly low prices, you “get what you paid”. Quality still a major issue for this oil.
Processing has begun with new oil reportedly available in June. Current pricing on carryover is reportedly “low” but increased environmental and labor costs are expected to have a negative impact on pricing.
The Spice market is reporting that this year’s crop will be large. Prices for oil are expected to ease, however, with tightening environmental restrictions there are reports that oil production will continue to decrease.
Offers from unexpected sources have appeared with lower prices than those offered by traditional sources. These prices make quality questionable so precaution is needed.
No changes here. Pollution control has stymied production, speculation and demand for fresh has caused prices for bulbs to go from 1.6 RMBY/kg to 4.4 RMBY/kg. Prices are firm and quality issues abound.
Production still limited due to environmental constraints. Spice market indicates that crop was good, but exceptionally strong demand has caused prices per kilo for bulbs to increase, rather than soften. Prices continue to firm and correct quality is still difficult to locate.
We have seen more and more offers for “Garlic Oil” at low prices. However, when evaluated, these products do not qualify as “Oil” failing basic tests. Quality remains a serious issue and prices remain firm for the correct quality.
A recent update from a vendor outlined a price rise in Garlic Oil due to the difficulty of processing under pollution controls. There are indications elsewhere that prices will start to soften due to current reports from the spice market of a good crop. However, there is strong demand for fresh and pollution controls and quality issues will play a large part in oil pricing and availability.
Prices are still firming and we are seeing oil of dubious quality.
Prices are still firming as availability of good quality oil continues to dwindle. Relief is not expected any time soon.
Prices continue to firm. Reports still state that there is no new oil being produced and that many factories have not yet reopened. Additionally, quality remains an issue.
Chinese dealers continue to report that here is very little production of new oil. Speculation on bulbs and environmental controls are keeping prices high. With new oil not reportedly available until July, there are concerns that pricing will not soften even then. The spice markets also share these opinions.
Prices have reached historic levels and the availability of quality oil is still an issue.
Chinese dealers continue to advise that there has been little production of new oil this past year. Prices for bulbs are firm as speculators continue to purchase and store in the hope of driving prices higher. No relief is expected until the new crop hopefully in June and July.
Prices for this product continue to climb and quality remains an issue. Reports indicate that prices for fresh Garlic bulbs have risen as speculation continues to have its impact. The market is currently very short on oil.
The normal Garlic season in China is August through October. Demand for fresh Garlic continues to be strong. The high cost of bulbs, increased labor costs, new equipment to meet environmental rules, and low yields will likely cause the price to climb even higher for many months. It is hoped that pricing may ease in July or August 2017.
The situation here has not changed. Firming prices have been driven by a lack of quality oil, pollution controls, exorbitant prices for fresh, strong demand, and a short crop. Prices continue to firm.
We have several sources indicating that prices have not yet peaked, with some stating they expect prices to be double their current levels before long. The Spice Market reports that the demand for fresh Garlic vastly outstrips availability. The Chinese crop was poor and the drought in California has provided no relief.
Continuing their climb, prices from source are threatening to break another three digit milestone. The spice market continues to report that demand is exceeding available stock. Garlic dehydrators are having to pay more for both raw materials and waste disposal. Oil processors are reluctant to produce oil without firm orders. Indications point towards this being a long term situation.
One dealer states that pricing for fresh Garlic continues to rise, with pricing for bulbs not suitable for fresh, flakes or powder at over $0.90/kg. Most dealers state that prices will continue to climb for the balance of this year. Those processors that have been able to get permission to produce (those who have found acceptable solutions to pollution) are only doing so against firm orders.
A report indicates that demand for fresh, flaked, and powdered Garlic remains strong. One supplier claims that the magnitude of this demand is such that no Oil will be produced for the remainder of 2016. Pricing continues to rise on a weekly basis with one supplier predicting that prices will not ease until 2017.
The Spice Market has reported that prices for fresh have soared this month as reports of poor crops have encouraged speculation. These reports of high prices are echoed by one Chinese dealer who also claims that oil production in May will be half of normal levels and that prices will continue to increase. Current offers confirm that prices are increasing.
Offering prices continue to increase on a weekly basis while reports provide no reason to expect a change in the worsening trend for this product.
Several factors are at play with this pivotal ingredient. The Chinese government’s drive to limit pollution continues to increase the costs on manufacturers. Despite the relief of a devaluated RMB, prices continue to rise. Several reports indicate that prices will continue to rise into the Summer. Quality issues are becoming more common, adding the need for costly C-14 testing.
Prices are firm and samples of questionable quality have become more common. There is no forecast of relief soon.
One supplier believes that prices will continue to rise through 2016. With strict enforcement of pollution controls, Oil is supposedly only produced when there are orders in hand. Several reports have indicated that pricing will reach $250/kg.
As pollution controls in China continue to take their toll, we continue to see price increases and quality issues. Pollution controls to mask odor are expensive as waste must be allowed to degrade into fertilizer on land which must be rented for five years. At some point pricing might make it difficult to sustain use in formulation.
Prices continue to climb week by week. A report from China claims that some Oil is nearing $300/kg and that this climb will likely continue through the Lunar New Year.