The volatility that marred the second half of 2015 has continued unabated into the New Year. We will likely be talking of another year with very few markets moving in line with conventional expectation as the dynamics behind this unpredictability are driven by such a diverse range of factors.
- Orange Oil - The orange oil market remains very firm as we await offers for new crop Florida Valencia Oil, expected to be at an all-time high.
- Lemon -The 2016 Argentinian crop, which will start next month, is forecast to be circa 15% higher than the 2015 crop.
- Organic bergamot - Following the conventional market the situation for organic oil this season is very bleak with production of organic oil less than 20%.