July Market Report



Opening Commentary


Weather conditions continue to have a major impact on many crops. Depending on what part of the world you are looking at, heavy rains, flooding, drought or severe winds have been cited as reasons for increased prices.

Jul 2017
Jul 2017

Orange Oil & Terpenes

TAGS: / / / / / / /

There are indications that this year’s crop in Brazil will be larger than last year’s but volumes at other origins are still limited. Prices for both have eased slightly.

Posted In:



Jul 2017
Jul 2017

Eucalyptus Oil & Eucalyptol

TAGS: / / / / /

Reports continue to state that there are limited quantities of oil available. Prices for both items continue to rise.

Posted In:



Jul 2017
Jul 2017

Garlic Oil Chinese

TAGS: / / /

A recent update from a vendor outlined a price rise in Garlic Oil due to the difficulty of processing under pollution controls. There are indications elsewhere that prices will start to soften due to current reports from the spice market of a good crop. However, there is strong demand for fresh and pollution controls and quality issues will play a large part in oil pricing and availability.

Posted In:



Jul 2017
Jul 2017

Ginger Oil Chinese

TAGS: / / / / / /

Reports continue to state that while the crop is fine, production is still limited as many factories have not yet changed their boilers to gas in line with pollution controls.

Posted In:



Jul 2017
Jul 2017

Litsea Cubeba & Natural Citral

TAGS: / / / /

Supply for both items is limited and therefore prices are firm. New crop should start to be harvested end-July/early August, with good quality Litsea available in September. Indications are that pricing will soften then.

Posted In:



Jul 2017
Jul 2017

With the drought still in effect in Southern India, production has been limited. Competition from collectors and strong demand has kept prices firm. This has caused oil of questionable quality to enter the marketplace. Hopefully the upcoming monsoon season will alleviate this situation and production will return to normal.

Posted In:



Jul 2017
Jul 2017

Palmarosa Oil Indian & Geraniol ex Palmarosa

TAGS: / / / / /

The drought has disrupted this crop as well. Lack of rain in April and May did not help the situation. It is difficult to find “good” quality Palmarosa at an attractive price. Demand has forced the market to continue to firm. With the lack of Palmarosa Oil, Geraniol ex Palmarosa prices have jumped accordingly.

Posted In:



Jul 2017
Jul 2017

Clove Leaf Oil & Derivatives

TAGS: / / / / /

With harvesting of Clove delayed by the abnormally long rainy season and the one month respite due to Ramadan, little Clove Leaf Oil has been produced. Prices have firmed, including for Eugenol and Iso Eugenol. It is expected that prices will ease later on this summer into autumn.

Posted In:



Jul 2017
Jul 2017

Coriander Seed and Coriander Herb Oil

TAGS: / / / /

Prices for Seed oil are still soft, but with the new crop due in a few weeks there is anticipation that prices will firm as the bottom seems to have been reached. Coriander Herb Oil prices still firm.

Posted In:



Jul 2017
Jul 2017

Citronella Oil & Derivatives

TAGS: / / / / / /

Prices from both Indonesia and China are still firm as rain has kept harvesting and therefore production down. Prices for Citronellal ex-Citronella and Geraniol ex-Citronella have subsequently firmed.

Posted In:



Jul 2017
Jul 2017

Mentha Piperita

TAGS: / / /

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.

Posted In:



Jul 2017
Jul 2017

Turpentine & Derivatives

TAGS: / /

Gum Turpentine prices continue to firm in China, with reports indicating many plants have sold out their stock, while those with stock are staying firm on their offers. We have seen this trend continue with Iso Bornyl Acetate, Camphor USP, and Dihydro Myrcenol to name a few derivatives. We have also been informed that one factory has been closed due to pollution.

Posted In:



Jul 2017
Jul 2017

Maltol & Ethyl Maltol

TAGS: / / /

With stocks in the hands of dealers, prices continue to firm. We have been advised that new production in China might begin August/September which will alleviate the shortages. We have also been advised that this new production will hopefully bring prices back to “normal” levels.

Posted In:



Jul 2017
Jul 2017

Bay Oil

TAGS: / /

Availability still limited, forcing prices up.

Posted In:



Jul 2017
Jul 2017

Davana Oil

TAGS: / / /

Availability continues to be good after this year’s good harvest.

Posted In:



Jul 2017
Jul 2017

Vendors state that supplies are tight and prices are up.

Posted In:



Jul 2017
Jul 2017

Nutmeg Oil

TAGS: / / /

We have a report that in the growing regions of Aceh and Padang, while the rains have stopped, extremely strong winds have caused the nutmegs to fall from the trees before they ripened. Additionally, this report states that heavy flooding in Padang further disrupted the collection of fruit. There are also reports of insect infestations destroying trees. All of these are cited as the reason why Nutmeg prices have escalated.

Posted In:



Jul 2017
Jul 2017

With demand for juice down, greening concerns in the U.S. and Latin America, and acreage being converted to other uses, oil for both pink and white is extremely limited. Prices continue to rise.

Posted In:



Jul 2017
Jul 2017

Geranium Oils

TAGS: / / / / /

Crop in China is over and as predicted total production was less than last year. Prices are firm. Egypt is reporting that production this year will be less than last year and with little carryover, prices will climb higher.

Posted In:



Jul 2017
Jul 2017

Rose Oil Bulgarian

TAGS: / / / /

While the crop this year produced abundant flowers, many, if not all, processors are advising yields are low.

Posted In:



Jul 2017
Jul 2017

Production is limited due to the continued suffering from the effects of the heavy rains that occurred and considerably delayed distillation. Strong demand has forced prices to climb higher.  With the major harvest in January/February, relief is not expected soon.

Posted In: