Market Report September 2002

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Cardamom Oil
Guatemalan Cardamom Oil has reduced in line with more competitive oil from Sri Lanka.

Clary Sage
We have been advised that the poor crop in the Ukraine along with higher demand have led to limited supplies of Clary Sage being available.

Geranium Oil
Egyptian Geranium Oil has increased in price considerably following on the higher prices paid for Chinese Geranium Oil. Expect this upward trend to continue in the coming months driven by the lower quantities available from China. Watch out for low Geraniol content in Geranium Chinese.

Lavender / Lavandin
According to figures supplied by our distiller in France, the carry-over of Lavandin Oil was 650 Tonnes, most of which was grosso. As expected this year's total crop was 1000 Tonnes, broken down as follows:

Lavandin Abrialis	70 Tonnes
Lavandin Grosso	820 Tonnes
Lavandin Super	65 Tonnes
Lavandin Sumian	45 Tonnes

Most distillers of Lavender Oil have sold their production on to traders, resellers, dealers and end-users. As far as we can tell, there is still good availability at this time.

Patchouli Oil
Distillers of Indonesian Patchouli Oil have increased prices in recent weeks. Reasons given range from drought conditions to political unrest. Might be a good time to cover needs now.

US-European Trade Dispute
A recent ruling by the World Trade Organisation to impose 100% duty tariffs against a number of US products imported into the European Union lists a number of essential oils. The ruling is a countermeasure against a US tax law which amounts to an unfair subsidy of US products. The list of products drawn up contain the following essential oils:

• Lemon Oil (not Deterpenated)
• Lime Oil (not Deterpenated)
• Geranium Oil (not Deterpenated)
• Lavender Oil (not Deterpenated)
• Lavandin Oil (not Deterpenated)
• Vetivert Oil (not Deterpenated)
• Clove Oil (Deterpenated / Non Deterpenated)
• Ylang Ylang (as above)
• Niaouli Oil (as above)