Aroma Trading Limited

Market Report October 2002

Eucalyptus Oil
Prices continue to move up and down on the slightest rumour or whisper from origin.

Orange Oil
Our broker informs us that a number of Brazilian producers are not offering Orange Oil for forward shipment. We have also learned that the Florida crop is "lower than last year by a considerable amount". Spot demand for Orange oil is firming and we will see increase in the cost of Orange Oil and derivatives in the coming months.

Rosemary Oil
Tunisian suppliers of Rosemary say supplies are scarce, and Moroccan Rosemary is offer at inflated prices. So far, buyers are resisting.

FSC Trade Dispute
Further to last month's report, we have received further clarification from IFEAT regarding accurate tariff codes and additional descriptions. In additions to items listed last month, we have the following information:

3301 90 39
Extract of Oleoresins of quassia wood, Aloe, Manna, and other plants (excluding Vanilla, Liquorice, Hops, Pyrethrum, roots of plants containing Rotenone, inner mixtures of Vegetable extracts for the manufacture of Beverages or food preparations, and those for medical purposes)

3302 90 90
Mixtures of odouriferous substances and mixtures of one or more of the following substances, of a kind used as raw materials in industry, excluding the food and drink industries and alcoholic solutions.

3307 41 00
Agarbatti and other odouriferous preparations which operate by burning.

Web Watch
The Countryside Alliance march was in many ways an unbelieveable success. Most broadsheet newspapers put the numbers attending in excess of 400,000. This is phenomenal when you compare it to previous gatherings of this sort, such as the CND march back in the 80s at the height of the Campaign for Nucleur Disarmament with an estimated 250,000 participants.

I do hope this gives the countryside a platform to work from, as we already know Emperor Bel-Air will choose to ignore the matter, safe in the knowledge that the politcal opposition did not harness the event to further highlight the plight of our rural communities. I must admit my own frustration at the number of people who still think the issue is about fox hunting and how cruel the sport is and how it's run by toffs from the country. As I have suggested to them, please check out the website www.countryside-alliance.org for a better look at the wider issues involved.