Spice & Commodity Brokers in Forest Hills, 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)
©2019 John H. Elton Inc. New York, NY USA
Nov 12 2021
There is limited activity for BLACK; we are seeing greater interest from some sellers in Vietnam and Brazil to find buyers. More competitive offers are available. Yet some vendors are holding steady and the fact that there are no forward discounts now reflects a generally cautionary tone - the pullback may well be temporary. Vietnam's WHITE is also available at lower levels.
Guatemalan new crop CARDAMOM levels are holding steady. Canadian CORIANDER quotes jumped; the earlier heat waves and drought have had a big impact on that crop, as they have had on MUSTARD. Egyptian FENNEL prices surged. There is a pullback in freight rates from Qingdao, so GARLIC shippers using that port can do better on pricing, despite steady internal levels. The spot MSG market is very tight; if you are a seller JHE wants to know about it! Only Mexico will sell PIMENTO, but the levels are high. Spain's disappointing new crop of SAFFRON has resulted in a substantial price jump, from the earlier low levels.