Market Newsletter
Please note, next month we will discontinue our Market News Letter in printed form. Many of
the suppliers and buyers we work with have been requesting to have it E-MAILED to them.
Should you wish to remain on our circulation list, please revert, either by fax on your letterhead
or by e-mail to diane@uhe.com, with instructions as to whom it should be addressed to along
with their e-mail address..
In our most recent News Letters we addressed the problems suppliers encounter in many parts of the world with production costs rising while the value of the U.S. dollar, the primary trading
currency used in our industry, has been falling. As per information received from various
buyers, this issue has begun to result in defaults, mainly on the part of relatively new, untested
and possibly underfinanced suppliers. Our company has always tried to verify and monitor the standing of the suppliers we deal with and will continue to convey to our buyers worldwide the
offers of mainly traditional shippers, we and our customers have learned to trust.
AMERICAN ESSENTIAL OILS
Pricing of all American oils and respective By-products remained firm during February. The United States Department of Agriculture'
s Citrus crop forecast lowered the 2007/2008 Florida ORANGE crop by two (2) million boxes.
ARGENTINE ESSENTIAL OILS
Except for RED MANDARIN OIL, available in container quantities, priced in the USD9.00 per
kilo FOB Buenos Aires range, we have been without offers for this origin'
s oils during February.
Meanwhile, trade sources indicate that new crop LEMON OIL will be priced higher than last
year.
AUSTRALIAN ESSENTIAL OILS
We are currently with out offers for any of this origin'
s oils. Traditional suppliers advised us that
the TEA TREE growing area suffered another flooding during February and all offers for the
limited existing oil stocks dried up. The latest price indication / quote given was in the
USD36.00 per kilo CFR world ports range. Limited quantities of new crop oil may become
available during May / June – but no offers for future shipment have been made to date.
BRAZILIAN ESSENTIAL OILS AND AROMATIC CHEMICALS
No market changes were observed during February.
CHINESE ESSENTIAL OILS AND AROMATIC CHEMICALS
Adverse weather conditions in many part of China during January and February, as well as the
ever more unfavorable U.S. Dollar / Yuan exchange rate, have been cited for recent price
advances for many oils and aromatic chemicals. CARVACROL pricing advanced to minimum
USD28.00 per kilo CIF. LAEVO CARVONE pricing advanced to USD14.50 per kilo CIF. CASSIA
OIL pricing advanced to as high as USD19.50 per kilo CIF. CEDRYL ACETATE 50% has been
on offer at USD9.45 per kilo CIF. NATURAL CINNAMIC ALDEHYDE is currently quoted at
USD24.50 per kilo CIF. CLARY SAGE OIL advanced to around USD16.00 per kilo CIF, with
little activity showing. OIL EUCALYPTUS CITRIODORA advanced to USD11.45 per kilo CIF
world ports. OIL EUCALYPTUS GLOBULUS 80% and its derivative, EUCALYPTOL 99.5%
pricing remained firm during February – with the former nominally quoted at USD6.40, the
latter around USD8.20 per kilo CIF. NATURAL GARLIC OIL pricing has remained weak but
GERANIUM OIL has firmed to around USD89.00 per kilo CIF. LAVENDER OIL is firmly priced
at USD53.00 – 54.00 per kilo CIF, depending on quantity and supplier. Pricing of OIL LITSEA
CUBEBA and its derivative, NATURAL CITRAL FCC, continues to advance. It is not yet known
how the adverse weather conditions of recent weeks have affected the coming crop.
MENTHOL BP/USP, in FCL quantities is currently quoted at USD16.50 per kilo CIF world
ports. MCK has been on offer at USD9.75 and MCK COEUR at USD12.00 per kilo CIF. Various
NATURAL Aromatic Chemicals are being promoted, such as ALPHA TERPINENE 95%,
GAMMA TERPINENE 95%, SABINENE 70% with pricing depending on quantity and supplier.
OIL PEPPERMINT 50% prices advanced to as high as USD10.60 per kilo CIF, depending on
supplier. No market changes were observed concerning supply and pricing of SPEARMINT
OIL. STAR ANISEED OIL has been offered as high as USD8.10 per kilo, its derivative,
NATURAL ANETHOL, as high as USD10.20 per kilo CIF. Limited quantities of TEA TREE OIL
have been on offer at USD22.00 – 25.00 per kilo CIF, depending on quality and supplier.
INDIAN ESSENTIAL OILS AND AROMATIC CHEMICALS
Availabilty and pricing of most of our industry'
s products remained unchanged during February,
except for LEMONGRASS and PALMAROSA OIL, currently in short supply.
INDONESIAN ESSENTIAL OILS AND AROMATIC CHEMICALS
The supply and pricing picture for most products remains cloudy. CANAGA OIL and VETIVER
OIL is offered in one to two drum quantities. CITRONELLA OIL advanced to around
USD10.50 per kilo CFR, CRUDE CLOVELEAF OIL 75% is currently on offer at USD6.75 per kilo
CFR. Limited quantities of NUTMEG OIL were offered in recent days, priced as high as
USD56.00 per kilo CFR. MASSOIA BARK OIL continues to be freely available, at prices
unchanged from January'
s.
PARAGUAYAN ESSENTIAL OILS
Traditional suppliers advise that the small quantities produced in recent weeks have been sold,
indicating that further supplies may be available in May / June. Latest price indication was
around USD23.00 per kilo FOB.
