Market for above items have been on steady levels in the last couple of weeks. It seems that especially most industrial importers are covered for the time being. With the coming X-Mas Holiday and New year celebrations ahead we do not expect much movement in the market and / or price levels.

Laurel Leaves : We are having a difficult situation on this market segment. The local market is empty and raw material prices have risen to US$ 1.80 per Kg. for most inferiour quality like FAQ grades pressed. It is hard to find a full container load of Laurel Leaves. This has given even more pressure on the Hand Selected material were prices may exceed US$ 10,-- levels per Kg. when demand will pick up mostly in spring-time March / April. The new crop only in September / October so this will only give more pressure on the prices. Some claims are spreaded that some of the exporters are holding the stocks for selling at a higher price in the coming months but we estimate they cannot bear it by beginning of the new year.

Oregano : No significant change, exporters have enough stocks.

Cumin, Anise, Fennel mainly quiet and buyers are inactive. There is a slight decrease in anise price but it is because of low demand, and tempury.

All other items remain unchanged with no significant movements in price-levels.

Please do not hesitate to contact us should you require any additional information about our products.

Mondial Int'l Agency Ltd.