John H. Elton, Inc. Spice Brokers Global Services Since 1949
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)
©2024 John H. Elton Inc. New York, NY USA
February 28, 2025
Pepper
The market continued to sag with little activity, almost back to where it had been prior to Tet, as more abundant Vietnamese crop arrivals are on the horizon. But origin farmers are financially healthy as many of them are enjoying record breaking coffee prices; there is a widespread view that we are approaching a resistance level where enough Vietnam stakeholders will choose to hold stocks rather than sell.
Other Spices:
There was strong demand for Indian GINGER at Gulfood, and resultant strength. Guatemala's short CARDAMOM crop is not seeing robust sales, but there is enough activity that remaining thin stocks are already quite depleted. Chinese buying pushed up the Indian CHILLIE market despite the good crop. OREGANO continues to be strong. ROSEMARY inventories here are also quite limited. Egypt has had a good THYME harvest, but demand is strong and their market is firm.
JHE IS NOW USDA ORGANIC CERTIFIED