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Spices & Exotics

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Indian cumin seed exports slightly down

India’s cumin seed exports decreased by 2.65% to 63,085 tonnes from April-August 2017, compared with the same period one year ago, according to the Indian ministry of commerce.

Cumin India Exports

Exceptional crop of Iranian saffron

Iran’s saffron harvest will continue until the last week of November and is exceptional in volume and quality, the leading Spanish saffron packer La Barraca has told IEG Vu.

Spices & Exotics Saffron Iran
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Spices

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Festive flavours from Forest Feast

Forest Feast has announced the launch of its exclusive Christmas collection of nut products.

Cashews Pistachios

India's pepper import sees increase in 2017

Indian pepper imports will increase by 12.5% to 18,000 tonnes, International Pepper Board (IPC) stated at its annual meeting in Candy, Sri Lanka (October 30-November 2).

Pepper India

The heat is on in Indian chilli prices

After suffering from plenty of problems in the first half of calendar 2017, when both domestic and export prices kept drifting lower with every passing month, Indian chilli has been experiencing heavy demand and a strong bullish trend in prices on the back of substantially lower production, exacerbated by a month-long strike by traders in Guntur, the country’s chilli hub.

Chilli India

Vietnam pepper export price down

The average export pepper price decreased by nearly 4% to USD4,614 per tonne in October 2017, compared with the previous month, according to the Vietnamese Pepper Association (VPA) at the 45th Annual Meeting of the International Pepper Community (IPC), held in Candy, Sri Lanka. 

Pepper Vietnam

Olam sees strong growth in profit

Olam International has reported a 17.5% growth in profit after tax and minority interest (PATMI) in the third quarter of 2017 on strong volumes.

Financial Results Markets

Sharp fall in Chinese fresh garlic price

China’s fresh garlic price dropped substantially in November 2017, according to China.com, owned by the Chinese Global Broadcasting Media Group (GMG).

Garlic China
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Exotics

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LorAnn Oils completes equipment upgrade

LorAnn Oils, one of the main US essential oils and baking flavours manufacturers, has announced its manufacturing installation enlargement in Michigan, US has been completed. The USD1.7 million project was started in February.

United States Essential Oils

Budget alternative to citrus essential oils

Symrise has launched a new range of citrus essence oil replacers, including certified organics, designed to mimic the taste profile of citrus essence oils. 

Essential Oils Europe

EU still needs to import honey, says report

Every year, the EU's 600,000 beekeepers and their 16 million beehives produce 200,000 tonnes of honey. However, this is not sufficient to cover demand on the EU market, and the shortfall is made up by imports, mostly from China, a new report on the sector noted.

Honey EU

Guar gum prices pushed up by strong demand

Speculators in the Indian guar seed and gum market are taking positions due to news of uneven rainfall, UK company Mayfair Commodities said in a report on Wednesday.

Waxes & Gums India

Global honey market set for higher demand

The worldwide market of honey food will grow at a compound annual growth rate (CAGR) of 6% up to 2021, according to analysts at Technavio. 

Honey International

Aromatherapy and pharmaceuticals will drive essential oil market

The worldwide essential oil market will grow at a compound annual growth rate (CAGR) of 5.92% from 2017-2023, to USD18.95 billion, according to Market Research Future’s analysts, whose new market study states that the aromatherapy and pharmaceutical industries will push this growth. 

Essential Oils International
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