The market is falling and fast ! Plantings took place in Sept 2010 and harvest is expected to be in May. It is estimated that Chinese farmers planted an extra 20% acreage in Sept. With good rains in the last 4 weeks, yield is expected to  be good. First shipments of new crop should take place in June this year. Expect further weakness ahead of the May new crop. If all turns out to be as Chinese traders are speculating now, this will be the first year in 4 years Garlic from the new crop has been de-hydrated and we should see nice quality material.

 

Current price CF:

Granules: $2250 pmt CF

Powder:   $1660 pmt CF

 

 

Cardamom - Guatemala
Pepper

Andrew Barker

An international food broker, with main activity in spices and herbs.