Global consumption of pink peppercorn has increased dramatically this year, with some industries even doubling their previous numbers. COVID-19 has presented multiple issues in producing regions, with factories shutting down amidst staff shortages. Availability is tight and demand is strong....
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A huge amount of lavandin grosso material has entered the market for 2021; France produced nearly 500 MT of material alone, plus an additional 30-40 MT of carryover. Spain, Bulgaria, and Moldova have all produced their own material as well. It seems likely that farmers may either pull their lavandin plants from harvest or drastically reduce oil production next year....
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Brazilian harvest was severely delayed due to drought conditions affecting the main growing regions. We are expecting to see small volumes of oil in the October 2021 season. No carryover remains from the previous crop, which has contributed to price increases. Lower fruit outage, poor yields, and increasing cost of ocean transportation have also impacted the price of this product....
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Due to the ongoing effects of La Nina, rains in India have not stopped. A large influx of rainfall can influence the quality and quantity of palmarosa oil, making yields lower and diminishing the crop's overall output. Demand remains strong and prices are firm.
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Availability is very low, causing prices to increase sharply. Demand is strong and prices are firm....
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Harvest of chamomile has been completed in England. The cold and wet weather caused higher energy consumption for growers, which in turn raises production costs. Prices are expected to remain stable but firm, and global demand is relatively weak....
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Due to intense rainfall, the Lovage crop has observed heavy losses. Areas surrounding the Balkans are not currently producing new material and have had many issues due to bad weather....
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Due to intense rainfall, the Tarragon crop has observed heavy losses. Areas surrounding the Balkans are not currently producing new material and have had many issues due to bad weather....
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Egypt’s 2021 crop season for Chamomile Blue was much larger than previous years, causing availability to surge. Despite the increase in material, prices have remained relatively firm due to heavy demand from the aromatherapy sector....
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Production of new carrot seed oil was delayed slightly but has since returned to normal levels; availability and demand are both strong....
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Material prices remain stable, but overall price has risen due to increasing freight costs out of China and India....
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Material prices remain stable, but overall price has risen due to increasing freight costs out of China and India.
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As vanillin continues to be short across the globe, Vanillin Isobutyrate from China is still facing production delays and prices have increased accordingly....
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Low demand has kept prices at origin stable; quotes are moving up due to increasing freight costs. For farmers, these low prices are not enticing enough to produce new oil....
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Production remains low due to the ongoing rainy season, though this is expected to pick up in the coming weeks. Additionally, logistical delays and heightened costs are keeping stocks limited. Prices and demand remain firm....
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Global demand is very strong, as clean and pure quality oil has been missing from the market for the third year in a row now. New crop is just starting but is very slow due to hot and dry conditions, which have a negative effect on the availability of raw materials. 2021 prices are being floated at much higher rates than last year and strong caution must be exercised against adulterated oil....
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More than just a hazy brewing material for millennial IPA drinkers and underground microbreweries, hops have recently blown up in ...
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Prices out of China have slightly decreased (2-3%). Unfortunately, due to the increasing cost of ocean freight, materials are still priced exorbitantly higher than normal....
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