Spices & Exotics
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Indian coriander prices to firm
The Indian coriander futures prices showed a gradual rise in the first half of December on crop scarcity after summer floods and a high 2019 export estimate, due to damaged production in the European origins.
Bhutan’s government to buy back cardamom stocks
Bhutan’s ministry of agriculture announced that it may buy the remaining 2018 domestic cardamom stock due to current issues with exports to India, its main importer.
Spices
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Nutmeg and mace prices to firm due to Chinese and Indian demand
The Indian nutmeg harvest has already finished, while the Indonesian has just started and strong Chinese and Indian demand is pushing up prices in the mid-term.
Vanilla market to stabilise
The vanilla market may have weathered the combination of supply shortage and high prices experienced in previous years, led by a recovery in Madagascar, the largest origin.
Russian government to invest in spice industry
The Russian government plans to invest up to USD20 million in the increase of production of spices and seasonings in the country next year, according to the country’s Ministry of Agriculture and local producers.
Larger pepper crop will weaken global prices
The global pepper crop is expected to increase by 6% compared with the previous season, pressuring prices after a short recovery between September and October 2018.
IEG Vu's November Top 10: Storms hit Chilean fruit, grain industry gathers, sugar sector in 'crisis'
A devastating hailstorm hit growing regions of Chile last month, causing serious damage to crops, while the grain industry gathered in Geneva to discuss the global market situation.
Ginger prices to firm due to low crops
The global ginger crop is expected to fall by 15-10%, led by smaller production in India, China and Nigeria, the main origins.
Exotics
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Flavours giant to acquire French essential oil manufacturer
Givaudan, a Swiss company specialist in flavours and fragrances, is negotiating the acquisition of Albert Vieille, a French specialist in essential oils and aromatic herbs.
Agrofusion trumpets tomato paste export breakthrough
Ukraine's largest tomato paste processor Agrofusion has managed to increase the flow of tomato paste to Europe by 30 times, since the conflict in eastern Ukraine.
US essential oil company to open subsidiary in Colombia
The US essential oil house Young Living is set to open a South American subsidiary with headquarters based in Bogota, Colombia.
Downward pressure on Indian guar gum prices
The daily Indian futures market prices plunged between 5.3-13.9% from October 25 to November 22, contradicting the optimistic forecasts of many analysts due to new oil prospects in the US and Norway and the sharp increase in Indian exports to China.
New Zealand’s honey maker to crowdfund manuka tree project
The New Zealand manuka honey maker Comvita and the rural fund MyFarm have launched a crowdfunding initiative to grow manuka trees in the Lower North Island.
China’s low aniseed and ginger oil production to push up prices
Chinese aniseed oil processors are competing with spice traders to obtain raw material, after the 2018 harvest fell by 20% against 2017’s, dropping 600-700 tonnes.
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.