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 9, 2026
Pepper
Concern about the outcome of the Brazilian election led to a sharp strengthening in the value of the Real, but so far stockists and farmers have resisted the resulting pressure for them to sell at lower levels. Most offers there have held steady. Vietnam continues to be disappointed with the limited worldwide demand, so has again eased after there had been some earlier strength during the period. Overall, levels now from the two main origins are farily similar to where they were at the time of our last report.
Other Spices:
Indian freight rates have started to ease but in Vietnam and other Asian countries the levels have held steady so far. India's CUMIN market continued to ascend driven largely by speculation; some of our seasoned suppliers have told us a correction is due soon. Indian FENNEL plantings are curtailed. Turkish OREGANO levels have been easing, but seem now to be touching a bottom. Mexican PIMENTO offers corrected after the earlier sharp decline. There is a perfect storm in the Indian SESAME world with some growing regions having too much rains and others having drought at the wrong times; with challenges at other source countries also the market has advanced sharply in the last few weeks.
JHE IS NOW USDA ORGANIC CERTIFIED