Cedarleaf Oil
June 1, 2023Cedarleaf oil availability remains limited, but new production season is looking like an improvement over last year....
SEE MORE
Cedarleaf oil availability remains limited, but new production season is looking like an improvement over last year....
SEE MORE
Rains have finally arrived in North Africa; unfortunately, they have started after the rosemary adjudications were granted, which will result in a limited crop this season....
SEE MORE
Rains have finally arrived in North Africa; unfortunately, they have started after the rosemary adjudications were granted, which will result in a limited crop this season....
SEE MORE
Market prices for cardamom have recently bottomed out, and are starting to rebound slightly. We expect supply to remain stable at this level due to slow demand....
SEE MORE
The market climate surrounding Spanish rosemary has been especially difficult in recent months....
SEE MORE
Prices for clove and eugenol have continued to soften over recent weeks....
SEE MORE
Prices for clove and its derivatives have continued to soften over recent weeks....
SEE MORE
Prices for coriander seed have reduced in recent months, though Russian materials imported into Europe are facing heavy restrictions. The UK has imposed a 35% levy on Russian coriander, and all Russian essential oils manufactured past January 8th, 2023, have been banned from entering the EU. Due to strong demand and continued restrictions on Russia, prices for coriander are expected to firm. ...
SEE MORE
Prices for ginger have firmed due to the rising wave of COVID cases within China. Ginger is often considered a vital component of traditional medicine, and interest for ginger as a herbal remedy skyrocketed during the pandemic. The current ginger crop in China has also yielded far less material than last year, resulting in an overall lack of availability....
SEE MORE
Market for ginger is firm but stable; prices have moved down somewhat due to lower freight costs and reduced demand....
SEE MORE
EU lemon production is forecast at 1.5 million metric tons, which is down 0.2 million metric tons from previous estimates. Spain is the largest producer of lemon within the EU, accounting for nearly 65% of the region’s production, but poor weather conditions have reduced output in recent months. Italy is the second largest producer, though floods caused damage to numerous lemon groves near the end of October. In general, EU exports of lemon are expected to decline due to a shortened season and increasing prices....
SEE MORE
Supply is very low due to increasing demand; market is very volatile and prices change on a day-by-day basis. Production this season was very limited in comparison to previous years....
SEE MORE
Despite major Australian producers being battered by storms, the price of tea tree oil continues to decline. This is likely due to a sudden influx of material from South African growers; the nation is currently on-track to outpace Australia in the production of Australian Tea Tree Oil....
SEE MORE
Prices for sage material have increased at-source, resulting in increasing oil prices....
SEE MORE
The most recent Litsea Cubeba crop experienced a variety of issues during its initial harvest, which are expected to drive prices up very soon....
SEE MORE
Peppermint prices from all domestic origins continue to rise. This is largely due to the Midwest drought, which has struck many growing regions including Northern California, Salt Lake, and other areas of the American West. Certain farmers have also refused to plant peppermint in recent years due to the crop's declining value in comparison to food crops such as corn and wheat. This "value" issue has been exacerbated by the global food shortage brought on by the Russia-Ukraine war....
SEE MORE