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Spices & Exotics
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Cassia prices edging up gradually at origin
The cost of raw material cassia continues to go up slowly but surely in Kerinci, a report from Cassia Co-op noted.
Brazilian garlic output forecast to be marginally lower this year
Brazilian garlic growers are expected to harvest 132,074 tonnes of the product this year, down almost 1% from 133,217 tonnes harvested last season, according to Brazil’s statistics agency IBGE.
Spices
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Syrian cumin seed likely to be sold out by end of year
Cumin seed supplies out of Syria are diminishing as the country sells out of stocks from its 2017 crop, due to steady demand for the new crop.
Guatemala records lower cardamom exports
Guatemala’s exports of cardamom declined 17.6% in the first six months of this year to 19,158 tonnes. This is perhaps unsurprising in view of the origin’s smaller crop in 2016/17.
Limited trading in Vietnamese pepper
The global market showed a mixed response during the week to September 8, the International Pepper Community (IPC) observed in its weekly Prices Bulletin released today.
Indonesia records upturn in nutmeg exports
Indonesia has managed to increase its exports of nutmeg in the first eight months of this year, despite production difficulties.
Pepper prices mixed in July
The global pepper market showed a mixed response this July, with some slight increases as well as decreases, the International Pepper Community (IPC) noted in its July 2017 Market Review.
Global pepper prices hit stable phase
The International Pepper Community (IPC) viewed pepper prices at most origins as stable in the week to September 1.
Exotics
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Greek honey gains PDO status
A Greek honey is among the latest EU agri-food products to be given protection on the EU’s internal market.
Weather gives speculators upper hand in guar gum market
Guar raw material prices have increased by 15-20%, due to strong demand in the US and heavy floods in some guar growing regions of India, which have resulted in increasing uncertainty, UK supplier Mayfair Commodities noted.
‘Fake honey’ imports responsible for EU price slide - MEP
European beekeepers are being undermined by quantities of counterfeit produce entering the EU honey market, according to an MEP.
Coriander seed oil prices expected to increase
Lower prices help China maintain leading position in honey exports
China has maintained its leading position helped by sellers’ lower offers, but an increasing interest in higher quality honey and larger crops have encouraged competitors’ exports during the first half of 2017.
Brazil eases access to EU products
Brazil has granted sanitary authorization for the European Union (EU) that will facilitate the entry of animal products from the bloc to the Brazilian market, as Brussels has been demanding amid the discussions of problems with Brazilian meat.
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