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Clove Oil丁香油Eugenia caryophyllata     Harvest: May - September 5-9月

There has been a sudden spurt in the demand for clove oil. In the near future, the price of clove oil and its derivatives could stabilise. On the other hand, the production of the oil is almost non-existent at the moment. Due to the rains it is very difficult to procure dry leaves and stems for distillation. Most distillers don’t have a stock of clove leaves and stems, which has halted production. The dry season is still two months away. Distilling is only expected to resume post Ramadan, which ends around May 24th. Exports are currently relying on feedstock accumulated in recent times by producers and exporters.

Patchouli Oil广藿香油Pogostemon cablin       Harvest: All Year全年

Most major exporters of patchouli oils are based in Java and Sumatra, even though Sulawesi is one of the biggest producers of the oil. Considering the issues being faced for inland and interisland transport, the availability of oils from these regions will be delayed. Thus, they will not hit the market anytime soon. Most exporters of the oil have forward booking. On the production front, the volumes are expected to be in line or slightly less than in the last few years. In this scenario, price reduction is unlikely. If there is a deflection in price, it will be in the range of 4-8% depending on the forecast. As far as harvest is concerned, the new crop will be harvested beginning mid-June to July. Regular rains in the producing areas are a boon for the crop. Small scale harvesting has already commenced in certain areas, and it should hit the peak in about 1.5-2 months.
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