Just as it appears Cardamom prices had hit their ceiling; they push right through. Guatemala had a poor crop of only around 2500MT of Cardamom seeds. This has left producers unable to secure the necessary raw materials leading to a shortage of this material with demand outpacing currently supply. Expect prices to be high but it seems like availability will become a bigger issue with this material. Read More!Read More
AJWAINOIL:INDIA The Ajwain Seed crop this year is down around 30% compared to last year’s and unfortunately the quality is not quite up to standard. It is expected to see prices increase once carryover inventory has been depleted as supply is unable to keep up with demand. Read More!Read More
GINGER OIL - CHINA Recently, prices for Ginger Oil have been pushing downwards but that trend seems to have reversed. Increased environmental enforcement has forced some producers to reevaluate their production and disposal methods. Producers were able to bury the residuals left over from production in the past. Now they are facing plant closures if they continue. As Ginger Oil production leaves behind a high level of residuals with no commercial value, theseRead More
BERGAMOT OIL – ITALY The Bergamot growing regions experienced a good bloom this year after favorable weather conditions over the summer months. It is expected to be a good harvest up by around 15-20% from last year. Unfortunately, as we enter the new crop season there is low availability for this oil. Bergamot is also seeing an increase in popularity for the fresh fruit, meaning larger quantities are being diverted to the fresh fruitRead More
BERGAMOT OIL – ITALY This year had a very successful crop, larger than the previous 3 years. While not quite at historical highs, oil production has recovered and is continuing to grow. The fruit from recently planted trees has not yet entered the market but is expected to provide a good harvest during the upcoming season. More than 300 hectares have been planted over the last three years. This year’s crop bloomed inRead More
New and Exciting Rosemary Extracts!
Global Essence is pleased to announce we are now offering a wide range of Rosemary Extracts geared towards the Cosmetics, Health & Wellness, Functional Foods, Beverage industries and more!
Amongst these new offerings, our new water-soluble extracts offer a range of benefits including high levels of antioxidants, rosmarinic acid, and easy formulation for both cosmetic and beverage companies alike. We are able to supply both Moroccan and ChineseRead More
LEMON OIL - ARGENTINARecent indications show the Argentinian crop is expected to be approximately 20% down on last year resulting in a price increase from this dominant origin of approximately 12%. The anticipation is for the market to stabilize around this higher price level for the foreseeable future. The long-term view however is that pricing could become weaker as Argentina may become more vulnerable to View the Report Here Read More