Aroma Trading Limited

Market Report December 2004

Lavender Oil
After the completion of recent crops from all origins, pricing has either stabilized or, in the case of China, dropped by US$ 1-50/kilo and Bulgaria US$ 3-00/kilo. The improved exchange rate of the EURO against the US Dollar makes Lavender Oil from these origins even more competitive.

Orange Oil
Florida production estimate will be considerably lower than anticipated by about 66 million boxes, about 27% down on last year. No offers of note from Brazil yet. Some spot stocks have increased.

Rosemary Oil
Tunisian Rosemary down another EURO 2-00/kilo as traders attempt to stimulate the market.

Sandalwood Oil
There is no Sandalwood Oil being offered from India at present. All Licences now expired, and no imminent Sandalwood Log Auctions. Those re-sellers who have stocks are waiting for market to increase, probably after the year-end shutdown.

Tea Tree Oil
Both Australian and Chinese Tea Tree Oils have increased in price since September. Australia claims lower production while the Chinese crop was late.