Commercially, Eugenol is drawn from Clove Oils though it is present at high concentrations in the oils of Cinnamon Leaf, Bay, and Pimento Oils. Eugenol is also suitable for use as an active ingredient in addition to its extensive use in flavors and fragrances & oral care products.
Last couple of weaks experienced heavy rains which has stopped the downward pricing slide that the oil was showing. Prices went down to prices that are very difficult for farmers and some have stepped aside.
Continued rains and surprisingly large demand for this time of year have driven pricing for this already scarce material upward. With the expected end of rains in first quarter 2016, it is hoped that this trend will reverse.