December
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.


Opening Commentary


December 2017

With the second fire in a year causing BASF to institute Force Majeure, supply chains for many chemicals have imploded. In order to protect their Flavor and Fragrance customers, several multi-nationals have suspended and/or cancelled orders. They have also refused to accept new orders for an ever-growing list of products. There is also the ongoing issue with Turpentine and Derivatives, as current supply is not able to meet demand. Inquiries for products are being received from all parts of the world, even from where production has not been affected by BASF-related problems.
heliotropine

Heliotropine

Heliotropine


December 2017

A major producer remains closed and/or with limited production as not all pollution controls are in place. Material is not available.






Posted In
SYNTHETICS


Closing Commentary


December 2017

With shortages caused by weather and factory closings, the industry is experiencing difficulties not seen for some time. With end-users, compounders, dealers and speculators all trying to purchase the same currently limited resources, an air of panic exists. This has caused prices to soar. Experience has shown that while this type of situation is traumatic it is not permanent. Producers that are capable will make changes to their schedules and eventually products will flow.