wintergreenoil

WINTERGREEN OIL


October 2017

In 2016 prices dropped dramatically discouraging collection of raw material. May – July saw heavy rains in the growing regions, another impediment to collection. Prices have firmed and it has been reported that prices are expected to climb higher.




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menthapiperita

MENTHA PIPERITA


August 2017

On July 1st a Goods and Services Tax (GST) went into effect, at a rate of 12%. Impact on pricing is what one would expect. With less acreage planted, increased strength of the Rupee and this new tax, prices have changed weekly. Several producers anticipate prices to continue to rise for some time.




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menthapiperita

Mentha Piperita


July 2017

Reports from India continue to state that total production this year will be down. There is also the question of quality surfacing, as reported by the Indian producers themselves. With the current strength of the Rupee to the dollar, prices have firmed. U.S. growers have also indicated that their prices this year will be higher than last year.




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menthapiperitaindian

Mentha Piperita Indian


June 2017

Reports indicate that far less acreage has been planted this year. Although there are no reliable records available, dealers are forecasting this year’s production to be 350 – 400 metric tons. Exports from India average 1,500 – 2,000 metric tons per year.




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wintergreenoil

Wintergreen Oil


December 2016

Prices for Wintergreen were high at the beginning of 2016.  Those dropped following the start of croptime in May.  Since then the lower prices have stopped farmers from processing and heavy rains in the growing regions reduced total production.  As a result prices have increased.




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americanmints

American Mints


July 2016

The 2016 US Peppermint and Spearmint Acreage report has been published.  Total acreage for all Peppermint is estimated at 60,300 acres up from a total of 57,300 in 2015.  Total acreage for Spearmint remains the same as 2015 at 26,800 acres. It is expected that prices for both products will ease from 2015 levels.




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