Aroma Trading Limited

Market Report January 2003

Animal Testing
The European Parliament has officially banned Animal Testing from 2009. One wonders if the U.S. and Far East will follow. If not, any products with 'Animal Tested' ingredients will be banned form import into the European Union. Could this lead to another Trade Dispute?

Black Pepper Oil
Recent increase in price for Black Peppercorns have filtered down to Pepper Oleoresin and Black Pepper Oil.

Eucalyptus Oil
Prices has increased by USD 0-50 kilo over the Holiday Season, and supply/availability is still tight.

Petitgrain Oil
Paraguay has been exporting larger quantities in recent weeks. Buyers have taken advantage of price reductions due to earlier lower demand. We expect prices to drop further still.

Sweet Almond Oil
Spain has had an exceptionally good crop with yields up by about 20 per cent on last Almond Crop. However, the strong Euro will cut into any potential lower prices.