May 2017
May 2017

Orange Oil & Terpenes

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The USDA’s March estimate for Florida’s 2016/2017 crop was below 70 million boxes, down from last year’s total of 81 million. Brazil is estimating that fresh fruit production for the 2016/2017 crop will be down from 2015/2016, an already low year. Availability of both oil and terpenes is limited and pricing continues to firm.

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May 2017
May 2017

Eucalyptus Oil & Eucalyptol

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One dealer has reported Eucalyptus production in 2015 was 8,500 tons, in 2016 only 7,000 tons. This dealer is also advising that in certain growing areas, access to the mountains has been banned by the government as a fire prevention method. Combining this with the bad weather earlier this year, production has been far less than usual. Prices are climbing on a weekly basis.

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May 2017
May 2017

Garlic Oil Chinese

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Prices are still firming as availability of good quality oil continues to dwindle. Relief is not expected any time soon.

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May 2017
May 2017

Ginger Oil Chinese

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Pricing dipped slightly last month due to several small processors being granted permission to distill without completing boiler conversions to natural gas. They have now ceased production and we are seeing prices begin to rise again.

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May 2017
May 2017

Geranium Oil Chinese

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Traditionally, oil produced in April from immature flowers is sub-standard. Reports from dealers are advising just this; current offers are for poor quality oil. Pricing should stay firm until prime quality oil is available end-June, July.

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May 2017
May 2017

Litsea Cubeba & Natural Citral

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Prices continue to firm. With the new crop not due until August and oil not until September, pricing should continue this trend.

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May 2017
May 2017

With severe drought in the growing region of Cochin, prices continue to be firm. With availability an issue, there may be some relief after monsoons come at the end of May/June.

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May 2017
May 2017

Turpentine & Derivatives

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Reports continue to advise there is enough demand in the market to keep prices for Gum Turpentine firm. Additionally there is a new inquiry for a very large quantity of Iso Bornyl Acetate that has caused prices to rise 20% in one day. Expect this trend to continue.

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May 2017
May 2017

Clove Leaf Oil & Derivatives

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The “dry” season in Indonesia has been delayed by one month, due to the incessant rains. Pricing should be firm until end-summer as production should be back to “normal” by then.

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May 2017
May 2017

Pricing for both Indonesian and Chinese oils continues to firm. With the long rainy season in Indonesia and bad weather in China, the February/March crops were off. Next crop time in China begins in July and the dry season in Indonesia should start in May.

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May 2017
May 2017

Palmarosa Oil Indian

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Here the situation is similar to Lemongrass. Prices are firm, availability is tight, and demand is strong.

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May 2017
May 2017

Wintergreen Oil

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With crop ending in March, distillation takes place from April thru May. Reports indicate that the current crop is down 16-20% due to bad weather. Pricing has increased from the lows in January and are expected to continue to firm as demand increases.

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May 2017
May 2017

Vanillin & Ethyl Vanillin

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Feedstocks are still limited and pollution continues to be a concern. Additionally, an Indian group purchased a major Chinese producer causing a change to the market. Offers are limited and prices continue to rise.

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May 2017
May 2017

Star Anise Oil & Natural Anethole

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The Spring crop just began this month. Oil is not readily available yet and sellers are keeping pricing firm. One dealer advises pricing will not ease until July.

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May 2017
May 2017

Cornmint Oil & Menthol

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With Synthetic Menthol and Menthone readily available in India, a major producer is warning customers to beware of product they purchase. This producer advises that in July, which will be crop harvest time, prices should be lower. He does not expect to see major fluctuations in the market, as increased availability of Synthetic Menthol will have its impact.

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May 2017
May 2017

Maltol & Ethyl Maltol

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With a major producer closed by the government both products are extremely short. Resellers who have stock are allocating their inventory causing prices to escalate. This is a very difficult situation which will last for some time.

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