Orange oil pricing remains largely unchanged in global markets. Mexico's orange crop was quite good this year, and new material should enter the essential oils market by the end of January. Current orange harvest is focused on the production of NFC juice....
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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....
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Prices for sage material have increased at-source, resulting in increasing oil prices....
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The most recent Litsea Cubeba crop experienced a variety of issues during its initial harvest, which are expected to drive prices up very soon....
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Sri Lanka continues to be a difficult area to source from due to the ongoing issues in the region. Supply is tight and new shipments are limited....
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Prices for dillweed material have moved up as a result of the Russia-Ukraine conflict....
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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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Prices for black pepper oil are increasing rapidly due to low production this year. Black pepper oil is a byproduct of the oleoresin industry, which had very little production in 2021 due to COVID-19 complications within the growing region....
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Prices from China have started to firm up on all GT derivatives. In early August, prices had dropped a bit and remained stable, though they soon began to rise again near the end of the same month. Since China’s Mid Autumn Festival, prices have continued to rise steadily, culminating in a large price increase on most items post-Golden Week. Certain items have gone up nearly 10% in price over just 7 days, which has broadly been attributed to the sudden restrictions placed upon Chinese power plants. Since October 5th, all factories in China have had to reduce their consumption of power, which affects their maximum production capacity. Materials out of China are used to produce all manner of other resources including steel, coal, and logistical supplies....
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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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Brazilian harvest was severely delayed due to drought conditions affecting the main growing regions. We are expecting to see small volumes of oil in the October 2021 season. No carryover remains from the previous crop, which has contributed to price increases. Lower fruit outage, poor yields, and increasing cost of ocean transportation have also impacted the price of this product....
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Due to the ongoing effects of La Nina, rains in India have not stopped. A large influx of rainfall can influence the quality and quantity of palmarosa oil, making yields lower and diminishing the crop's overall output. Demand remains strong and prices are firm.
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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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Prices out of China have slightly decreased (2-3%). Unfortunately, due to the increasing cost of ocean freight, materials are still priced exorbitantly higher than normal....
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Prices continue to be firm and availability is limited....
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Cinnamon Leaf Oil Ceylon is derived from the dried leaves of the Cinnamomum zeylanicum tree, also known as “true cinnamon” ...
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Also known as “Parsley Leaf Oil,” Parsley Herb Oil is steam-distilled from the flowering tops of the Petroselinum crispum plant. ...
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