October
Market
Report

WELCOME TO A PERSPECTIVE BY BERJE; A TOOL DESIGNED TO SHARE OUR INSIGHT ON  A GLOBAL RANGE OF PRODUCTS. OUR MARKET REPORTS ARE STOCKED WITH REGULAR UPDATES ON GROWING REGIONS, CROP CALENDARS, AND LONG TERM PRICE TRENDS OF THE MOST CRITICAL INGREDIENTS IN FLAVOR AND FRAGRANCE COMMERCE.


Indian currency


October 2019

September 2019 had the Indian rupee depreciate against the USD drastically over 4%.   September also saw a new 2 % tax called TDS (Tax Deducted at Source) on large cash withdrawals.   It is not an additional tax of 2% but a tax that is paid at time of cash withdrawal and one can file to get a rebate when you file for your taxes.  The purpose is to dissuade the use of cash in the economy.

eucalyptusoileucalyptol

EUCALYPTUS
Oil
&
EUCALYPTOL

EUCALYPTUS Oil & EUCALYPTOL


October 2019

Price softening has stopped as demand picked up in recent weeks.   Extra supply of eucalyptus oil ex-camphor and camphor oil.  These crude oils are not only used to produce eucalyptol, the products of eucalyptus oil 80 are also accepted by European Customers.   Most traders are cutting their stock and only buy what needed to cover current demands.






Posted In
HERBS


jasminabsoluteegyptian

Jasmin
Absolute
Egyptian

Jasmin Absolute Egyptian


October 2019

Crop 2019 also ended and the yield and quality was good and expected the same as last year.  Appreciation in the Egyptian Pound against the USD, increasing prices in energy and labor have kept prices stable.






Posted In
BOTANICALS




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