January 2018 Market Report
The new year has not brought any relief to the market; the Force Majure declared by BASF in October 2017 on all citral and isoprenol based ingredients has lead to global shortage of many products. In this report we also discuss the on-going issues caused by the restrictions imposed on the production of aroma chemicals and essential oils in China.
October 2017 Market Report
In this report we cover the ongoing supply issues of many essential oils and aroma chemicals. We focus in particular on materials produced in China that are facing more and more restrictions on production, causing major price increases and shortage of available material. We have also included a macro-economic overview of the currencies and markets impacting most on the supply of raw materials.
July 2017 Market Report
In this report we cover the ongoing issues with several citrus products along with problems with supplies of a number of aroma chemicals from China. With many factories under Government inspection and required to upgrade their production facilities there have been substantial price increases and increasingly limited availability.
May 2017 Market Report
In this report we cover the continuing issues with the supply of citrus products with the situation with grapefruit being particularly bleak. We also outline the rising costs of other essential oils along with the tightened supply of some aroma chemicals from China.
Market Report - January 2017
A new year and with it a radically altered political landscape on both sides of the Atlantic. If 2016 was a year of surprises, 2017 may very well 'trump' it!