Page 9 - Layout 1
P. 9
coriander notably in the last month. The main August when the bulbs should be
Despite the increased planting and reasons for this are the exchange rate ready for oil production. These need
(strong US dollar vs a weakening
to mature for a couple of months
the good crop in 2014 in Eastern rupiah) and excess stock versus low before being used as raw material that
Europe, the price of seeds remained demand in both the spice and oil is too fresh contains too much
high, with almost the entire crop markets. Oil is plentiful because, after moisture to achieve desired yields.
a major shortage due to diseased
nutmeg trees in Sumatra around 5 cassia
years ago, new trees were planted
which are now bearing fruit; young It seems that availability of Chinese oil
fruit being ideal for the processing of is plentiful due to low demand and
oil. As the spice market is also quiet, increasing volumes of Vietnamese oil
Sulawesi nutmeg (which is normally reaching the market. Oil of
sold exclusively for spice) is also Vietnamese origin is slightly different
being processed and is adding to the in quality and therefore restricted
stock of oil. Prices are anticipated to to the production of natural
remain soft. benzaldehyde. Prices have dropped
between 5% and 10% since October
being exported for the spice market. but it is difficult to say what will
Due to a shortage caused by crop ginger happen with pricing likely to be critical
failure in India last season seed The recent Chinese crop has done to the pending spring crop volumes.
prices peaked at over US$2000/mt little to alleviate the tight market
but have slowly fallen to around conditions. With most of the root citral
US$1300/mt with the looming Indian being consumed as spice, oil is
crop, which is expected to yield scarce and prices remain persistently Availability is not an issue with many
bumper volumes during February/ high. It seems that these conditions suppliers at origin making unsolicited
March. Some traders in Russia held will prevail until the second harvest in offers in the hope of moving stock
on to small parcels of seed in the April/May. The market has gently before the Chinese New Year. This is
hope that prices would increase firmed over the last year but not when extra cash flow to pay annual
further. They have since sold it on to drastically, so little is being reported. bonuses to their staff members is a
oil producers who have been able to The current price for dried roots is priority.
pay the higher price given the strong RMB 3.00/500gms - which is the
demand for oil and the extreme same as it was in May last year. anethol and
prices users are prepared to pay.
There is limited oil available in the aniseed
market and with new season Although it is supposed to be the
production still 8 months away prices season for oil production, the market
will stay high. remains quiet due to the competition
from synthetic anethol as well as
nutmeg anethol from other sources such as
The price of Indonesian origin has Indian basil. This has not affected the
price as the labour costs in China
softened over the last year, most remain high and farmers are loathe to
process too much oil while the
market remains uncertain.
garlic
The garlic oil saga continues and what
little oil there was in China is almost
exhausted. The new crop should be
harvested around June but the price
is expected to continue to rise until
www.treatt.com
Despite the increased planting and reasons for this are the exchange rate ready for oil production. These need
(strong US dollar vs a weakening
to mature for a couple of months
the good crop in 2014 in Eastern rupiah) and excess stock versus low before being used as raw material that
Europe, the price of seeds remained demand in both the spice and oil is too fresh contains too much
high, with almost the entire crop markets. Oil is plentiful because, after moisture to achieve desired yields.
a major shortage due to diseased
nutmeg trees in Sumatra around 5 cassia
years ago, new trees were planted
which are now bearing fruit; young It seems that availability of Chinese oil
fruit being ideal for the processing of is plentiful due to low demand and
oil. As the spice market is also quiet, increasing volumes of Vietnamese oil
Sulawesi nutmeg (which is normally reaching the market. Oil of
sold exclusively for spice) is also Vietnamese origin is slightly different
being processed and is adding to the in quality and therefore restricted
stock of oil. Prices are anticipated to to the production of natural
remain soft. benzaldehyde. Prices have dropped
between 5% and 10% since October
being exported for the spice market. but it is difficult to say what will
Due to a shortage caused by crop ginger happen with pricing likely to be critical
failure in India last season seed The recent Chinese crop has done to the pending spring crop volumes.
prices peaked at over US$2000/mt little to alleviate the tight market
but have slowly fallen to around conditions. With most of the root citral
US$1300/mt with the looming Indian being consumed as spice, oil is
crop, which is expected to yield scarce and prices remain persistently Availability is not an issue with many
bumper volumes during February/ high. It seems that these conditions suppliers at origin making unsolicited
March. Some traders in Russia held will prevail until the second harvest in offers in the hope of moving stock
on to small parcels of seed in the April/May. The market has gently before the Chinese New Year. This is
hope that prices would increase firmed over the last year but not when extra cash flow to pay annual
further. They have since sold it on to drastically, so little is being reported. bonuses to their staff members is a
oil producers who have been able to The current price for dried roots is priority.
pay the higher price given the strong RMB 3.00/500gms - which is the
demand for oil and the extreme same as it was in May last year. anethol and
prices users are prepared to pay.
There is limited oil available in the aniseed
market and with new season Although it is supposed to be the
production still 8 months away prices season for oil production, the market
will stay high. remains quiet due to the competition
from synthetic anethol as well as
nutmeg anethol from other sources such as
The price of Indonesian origin has Indian basil. This has not affected the
price as the labour costs in China
softened over the last year, most remain high and farmers are loathe to
process too much oil while the
market remains uncertain.
garlic
The garlic oil saga continues and what
little oil there was in China is almost
exhausted. The new crop should be
harvested around June but the price
is expected to continue to rise until
www.treatt.com
