Spice & Commodity Brokers in Greenpoint (Brooklyn), New York
John H. Elton, Inc., is a full service ingredient brokerage house specializing in herbs, spices, dried fruits and nuts.
Proud Member of:
American Spice Trade Association (ASTA)
©2025 John H. Elton Inc. New York, NY USA
October 23, 2026
Pepper
Limited demand and high freight rates continue to be the driving force in the world pepper market. China has largely stayed out of the pepper buying this year, and US buyers continue to be cautious. This lack of activity has not dramatically softened the market, though most Vietnamese sellers still expect bullishness in the long-term. The outcome of the Brazillian presidential election this week will affect the Real, sellers from there are in a holding pattern until results are announced.
Other Spices:
The Peruvian whole ANNATTO crop is already over, offers are limited. New crop offers on Guatemalan CARDAMOM have arrived later than normal, but US buyers are hesitating. Insufficient stocks of Indian CELERY have caused sellers to delay shipments. Traders are chasing new crop Madagascar CLOVES as there is a lack of carryover from old crop, though there remains some Comoros and Indonesian material in the market; global production is down from all origins. Both the planting area and yields of Chinese PAPRIKA are lower than last year, tightening world supplies and keeping prices up. A fluctuating TURMERIC market has caused farmers to start holding material, prices are up but predictions for the short term vary.
JHE IS NOW USDA ORGANIC CERTIFIED