Prices for rose oil have risen across Bulgaria due to the increased cost of fuel and fertilizer. Power shortages may also be a cause for concern here, as Russia controls most of Bulgaria's access to oil and natural gas....
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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....
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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....
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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....
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Prices continue to rise as a result of the Russia-Ukraine war....
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Many of the mustard seeds used for oil production arrive from Ukraine, which is obviously a difficult region to operate within currently. As such, prices are expected to rise once available material is exhausted....
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Lemongrass crop quality issues have been addressed and material has improved significantly since the beginning of the season. Citral levels are looking high and the market has started to return to normalcy....
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Many chemical products from Germany have risen in price due to the ongoing energy crisis, as well as rising production costs....
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Many chemical products from Germany have risen in price due to the ongoing energy crisis, as well as rising production costs....
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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 out of China have recently moved up due to the increasing cost of raw materials....
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Certain producers have reported drowned fields and destroyed equipment from the recent flooding. Expect numerous delays due to wet ground conditions and other flood damage....
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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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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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Material is firm but stable. The most important factors affecting petitgrain prices are fuel costs and currency changes, which we will continue to monitor....
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The La Nina effect continues to play a role in Indonesia as we enter the “dry season,” and rain is predicted to continue over the next 3 months. From April to June of 2022, most regions of Indonesia are expected to experience moderate rainfall, with certain regions experiencing a 14% increase over their monthly average. This will have an adverse effect on many Indonesian crops including clove, clove residue, nutmeg, and other regional products....
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Anything to do with the lime market is a hot commodity right now. Availability of lime terpenes, cold-pressed oils, and other derivatives is almost nonexistent. Supply on these materials is expected to remain tight for the foreseeable future....
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Supply on coriander herb and seed has tightened due to the Russia-Ukraine war. Prices are rising and availability is low....
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The cost of benzaldehyde has risen, which is a precursor for cinnamic aldehyde. As such, prices of cinnamic aldehyde are expected to rise....
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