Cassia Oil Chinese
May 13, 2022Prices for Cassia are steadily increasing out of China and Vietnam....
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Prices for Cassia are steadily increasing out of China and Vietnam....
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Prices for Cassia are steadily increasing out of China and Vietnam....
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The lemon crop out of Argentina looks good, and harvesting for the 2022 season has already started. Current estimations are around 5-10% higher than last year, coming in at around 1.8 to 1.9 million tons. There have been no issues the quality of the fruit so far. However, the essential oils industry in Argentina is currently concerned about the ongoing lack of natural gas access. This may reduce the volume of fruit they are able to process, as winter in the Southern Hemisphere is quickly approaching....
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Shipping out of Indonesia has become very difficult due to lockdown policies. Most products coming from that region should expect delays due to shipping....
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The La Nina effect continues to play a role in Indonesia as we enter the “dry season,” and rain is predicted to continue over the next 3 months. From April to June of 2022, most regions of Indonesia are expected to experience moderate rainfall, with certain regions experiencing a 14% increase over their monthly average. This will have an adverse effect on many Indonesian crops including clove, clove residue, nutmeg, and other regional products....
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Supply on coriander herb and seed has tightened due to the Russia-Ukraine war. Prices are rising and availability is low....
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The USDA Citrus Production Forecast for California Lemon has increased, up from 21 million boxes to 23 million....
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Market is still reasonably firm on orange terpenes; orange prices continue to fluctuate depending on Brazil’s output of the crop....
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The “Medicane” storm that struck Italy on Tuesday caused damage to many regions, flooding homes and streets. Blood orange and Sicilian lemon are expected to be affected by this, though we are still waiting on the full damage report....
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It’s a little early to have a clear forecast on the forthcoming citrus season out of Italy, though the general consensus seems to be that crop volumes will be reduced as compared to last year. This is mainly due to the unfavorable climate conditions that occurred during the early post-flowering stage of bergamot, with temperatures in the region of Syracuse hitting nearly 120 F (48.8 C). These temperatures caused a significant loss of fruit, meaning that the harvest is expected to be delayed by at least 2-3 weeks....
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Global consumption of pink peppercorn has increased dramatically this year, with some industries even doubling their previous numbers. COVID-19 has presented multiple issues in producing regions, with factories shutting down amidst staff shortages. Availability is tight and demand is strong....
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Availability of bay oil from Dominica remains high; the island country has been producing quality material and has re-entered the global market.
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The new cardamom crop is now underway. Considerable planting efforts and favorable conditions are pointing towards a good crop season, meaning more attractive prices following a challenging two-year period. Berje will continue monitoring the situation closely, particularly during hurricane season....
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Availability has remained low going into this next Fall crop season, indicating that prices will likely remain high even after this new crop....
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Due to intense rainfall, the Lovage crop has observed heavy losses. Areas surrounding the Balkans are not currently producing new material and have had many issues due to bad weather....
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Production of new carrot seed oil was delayed slightly but has since returned to normal levels; availability and demand are both strong....
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Celery’s crop has just ended and is reported to be 25% larger than 2020. However, continuous rains from April to July have affected material quality and oil yields. Celery seed is selling 10% below last year due to lower oil yields, though the price of oil remains stable....
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Production in Turkey climbed during 2020-2021, but grapefruit production is expected to decline in response. According to the U.S. Department of Agriculture’s Foreign Agricultural Service, Turkish lemon production reached 1.1 million metric tons, which is 13% higher than the country’s 2019-2020 season....
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US origins now have access to a stable supply of material. Prices have increased worldwide due to rising ocean freight costs....
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