Cedarleaf Oil
June 1, 2023Cedarleaf oil availability remains limited, but new production season is looking like an improvement over last year....
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Cedarleaf oil availability remains limited, but new production season is looking like an improvement over last year....
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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....
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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....
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Harvests in Peru were delayed due to continuous rainfall washing the balsam from trees. Local harvesters are now reporting a crop that is approximately 50% shorter than last year....
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Harvests in Peru were delayed due to continuous rainfall washing the balsam from trees. Local harvesters are now reporting a crop that is approximately 50% shorter than last year....
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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....
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The most recent Fundecitrus orange crop forecast for Brazil’s 2023/2024 season, published on May 10, 2023, estimates a production of 309.34 million boxes of oranges. This is not far from the previous crop season of 314.21 million boxes. The weight of oranges has improved this year, as well as the overall rains in the citrus belt. Fundecitrus estimates the crop will start sooner this year due to good conditions experienced during the flowering period....
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The basil crop in Vietnam has been delayed by about 1 month due to a combination of poor rainfall and pest issues. Farmers estimate crop losses at about 20%. These losses have been further exacerbated by increasing urbanization in the region, leading to reduced planting areas for new basil farms. ...
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The market for garlic oil is quite soft right now, though pricing has the potential to vary greatly depending on lot and quality....
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The market for garlic oil is quite soft right now, though pricing has the potential to vary greatly depending on lot and quality....
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The market climate surrounding Spanish rosemary has been especially difficult in recent months....
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Prices for clove and eugenol have continued to soften over recent weeks....
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Prices for clove and its derivatives have continued to soften over recent weeks....
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Fundecitrus published its third orange crop forecast for the 2022-2023 season, indicating that overall production has increased 0.7% in Brazil’s São Paulo and West-Southwest Minas Gerais citrus belt.
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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. ...
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Prices for eucalyptus and its derivatives have softened, approaching near-historic lows for our industry....
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Mexico recently started its winter lime crop, which is the smaller of the two annual crops for the region. The crop quality of Mexican lime appears to be very high this year. Mexico's winter crop is typically used to fulfill outstanding orders, rather than produce a bulk of new material. Prices for lime oil remain at historic highs, and the fresh fruit market continues to be extremely strong in Mexico.
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Mexico recently started its winter lime crop, which is the smaller of the two annual crops for the region. The crop quality of Mexican lime appears to be very high this year. Mexico's winter crop is typically used to fulfill outstanding orders, rather than produce a bulk of new material. Prices for lime oil remain at historic highs, and the fresh fruit market continues to be extremely strong in Mexico. ...
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