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Spices & Exotics

Set Alert for Spices and Exotics

Record-high revenues in Iran’s saffron exports

Iran’s saffron exports increased by 55% in value to USD325 million in the 2016-17 season (ending in March) compared with the previous, reaching a record-high revenue.

Saffron Iran Exports

New edible nut, fruit juice, grain, meat and egg values added to Price Graphing Tool

More than 70 new price lines were added to IEG Vu’s Price Graphing Tool in June, including values for Brazilian soybeans and corn, African-origin cashew kernels, European beef and eggs, and Chinese raw material asparagus.

Grape Juice Canned Asparagus Cashews
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Spices

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Swiss company to invest in Guatemalan essential oil supplier

Ingredients and flavours house Firmenich has signed an agreement with the Guatemalan cardamom house Nelixia to invest in its essential oil plant.

Cardamom Essential Oils

Mexico to increase vanilla exports

The Mexican ministry of agriculture has planned to boost the vanilla crop to 709 tonnes up to 2024, due to high prices in the international markets.

Vanilla Mexico

Mexican ban on Indian chilli drives up prices

Mexico's ban on India’s chilli imports has propelled local prices and imports from other origins such as Turkey, Spain, China or Nigeria.

Chilli Mexico

Drop in Brazilian pepper prices to slow down harvest

The average monthly pepper price was at USD2.87 per kilo in May 2018, still above the USD2.60 seen at the end of March, since when prices have recovered. 

Pepper Brazil

Indian dried garlic prices pressed down by Chinese decline

India’s dried garlic prices have seen a general decline due to the slump in Chinese prices.

Garlic India

Global pepper market looks set for further downward pricing pressure

World pepper stocks are expected to remain high so the downtrend in pepper prices is likely to continue, Nedspice stated in its latest market report.

Pepper Cambodia
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Exotics

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Sudanese gum Arabic market reflects downward pressure

Sudanese gum Arabic prices have buckled in recent weeks due to good supply from the 2017/18 crop and resistance from buyers to higher price indications.

Waxes & Gums Sudan

Swiss company to invest in Guatemalan essential oil supplier

Ingredients and flavours house Firmenich has signed an agreement with the Guatemalan cardamom house Nelixia to invest in its essential oil plant.

Cardamom Essential Oils

Upturn in Mexican honey crop propelled by rains

Mexico’s honey crop has increased by 34.7% to 19,000 tonnes in the first quarter of 2018, compared with the same period last year.

Honey Mexico

IEG Vu Prices Briefing: Cocoa downtrends, EU lamb and Chinese garlic slumps, organic Brazilian honey discounted

Cocoa values slipped to a 3-month low last week, while EU sheepmeat prices fell on new season lamb arrivals. A healthy Chinese crop spurred garlic declines and dwindling demand led to reductions in Brazilian organic honey prices.

Cocoa Honey

Brazilian honey exporters discount organic offers

European honey traders indicated declines in organic Brazilian honey prices this week. Quotes issued on June 5 were at USD4,150 per tonne cif northwest Europe compared with USD4,300/tonne cif on May 30.

Honey Argentina

Nut and honey factory to open in southern Ukraine

The first-ever nut and honey paste production factory is to be established in Odessa oblast, southern Ukraine.

Ukraine Walnuts
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