nutmegoil


Dec 2nd, 2019

Market is relatively stable at the moment, however, firming is beginning to occur as the rainy season is approaching. Additionally, many farmers are favoring to wait for higher prices from the spice market instead of distilling.




Written By
Berje Inc
Berje Inc
Purchasing



PREVIOUS


Jan 10th, 2020

Demand is lower than usual and prices have eased a little but is not sustainable for the farmers.  Production has restarted and prices are firming.



Aug 1st, 2019

Here too, weather has impacted the harvest. Prices are firm.



Sep 1st, 2017

Also affected by rain, there appears to be a shortage of good quality oil at this time. There is a report that when prices dropped precipitously, several processors closed, unable to cover overheads. As a result prices continue to firm.



Sep 6th, 2016

Here too rains have affected harvesting, causing prices to firm.



May 1st, 2016

With increased availability prices have softened.



Nov 1st, 2015

News from a well-known broker states that his suppliers claim that adulterated Oil is still being offered.  He further states that this adulteration is only detectable by a sophisticated lab.