Report of July Month 2017 - Crop of Piperita Oil

Piperita Oil: - Harvesting of Piperita Oil crops has almost completed. As we mentioned in our last report that acreage are less in comparison to the last year. Prices also increases to level of US $ 40/KG for the 1st cut material and US $ 55/KG for 2nd Cut material.

A limited stock is sold by farmers in open market and the rest of material are with farmers and distillers at field level.

This Year, the exporters have no more carry forward stock of 2016 Crops. They have even not purchased much material of 2017 crops and no volume of material are in their hands. This year there is chances that the material will be offered by exporters to overseas customers in small lot of 15-20 Drums.

Mentha Oil: - the harvesting is going on of Mentha Arvensis crops and yield per acre/ hectare is very good. This year farmers are getting 20% extra yield in comparisons to last year. The availability is good in field area. Prices comes down around US$ 1/KG in last 10 days. We will further update when harvesting Mentha arvensis oil crops completes.