Guaiacwood Oil (CITES)
July 19, 2022Guaiacwood situation has improved somewhat; new shipments should be arriving quite soon....
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Guaiacwood situation has improved somewhat; new shipments should be arriving quite soon....
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Coffee prices have risen around the world due to lower yields in major coffee-producing regions. As such, coffee oil prices also continue to rise....
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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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Prices have risen to match rising production costs associated with this material....
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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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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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