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
May 8 2026
Two small businesses and Washington State got a favorable ruling by the U.S. Court of International Trade this week overturning the president’s 10% global tariffs, which had been imposed after the earlier striking down of the emergency tariff regime. The administration likely will appeal leaving the temporary tariffs in place for everyone other than the plaintiffs now. Three Indian States have had surprising elections results; the political changes should have national implications; West Bengal is likely to reverse its previous lax immigration policies which have benefited Bengal refugees. How these changes will impact our markets is unclear, but it is a sharp shift in Indian politics.
Pepper
Demand triggered during the ASTA annual convention pushed offers higher. There is widespread understanding and agreement that worldwide supply is short for this year, but continued uncertainty because of the war limited follow through, and the market strength has not had the legs that might otherwise be so. Prices from Vietnam are up, but are now stabilized with a few aggressive sellers looking to take profits. Elevated freight rates and routing issues are largely the current focus of attention.
Other Spices:
CARAWAY is among European crops that may be impacted later this year by the drought and how the anticipated El Nino plays out this season. The Indian CELERY crop is delayed, there is little carryover, and forward sellers are very reluctant as there has been a wave of demand; that market has advanced. India's FENNEL crop is short; but limited demand has restrained market strength. Good yields in China continue to soften the GARLIC levels. There is strong demand for the premium grades of Egyptian PARSLEY, and thin inventories. Polish THYME is short.
JHE IS NOW USDA ORGANIC CERTIFIED