General Outlook
June 15, 2005
Market for Anise
seeds more firm but this all due more domestic demand by
the producers of the Turkish traditional spirit `Raki` which
is produced out of Anise Seed. New crop comes out in July.
Syrian origin at much lower levels below US$ 1.350,-- FOB.
If Turkey will stay at high levels it will have difficulties
to compete with Syrian product for the new crop in July.
Cumin seeds firm
both in Turkey as in Syria. For the moment Turkish origin
in favour as price levels slightly lower comparing to Syria.
Some sales have been reported of Turkish cumin but most
buyers are not entering the market and expecting lower levels
when new crop in full swing in July both from Turkey as
from Syria. Buyers do not want to speculate and just buy
what is needed. Most likely the best way to keep the market
and prices on steady levels.
New Crop Oregano
available for shipments by the 1st week of August. All looks
favourable with good weather conditions. Of course price-levels
are strongly depending on buying activity by producers /
exporters when raw material is entering the market in 2nd
half of July. We do not expect much movements in the coming
8 weeks.
Laurel Leaves
new crop entering the market in September / October. We
are able to offer limited stock of Hand Selected laurel
leaves of good quality. Pressed material still available.
Sun Dried Tomatoes
drying periode will start after 15th of July untill 1st
week of September. New price-levels depending on raw material
prices fresh tomatoes in July and the weather conditions
during the drying periode.
Please contact us should you have any questions or additional
info regarding above items.
Mondial Int'l Agency Ltd.