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
Dec 20, 2024
2024 has been full of major challenges in our industry, and volatile markets. To JHE the tea leaves - detouring to another industry - indicate another difficult year to come. Thanks for allowing us to accompany you on this always interesting journey!
Pepper
Vietnam's market is seeing little interest; buyers and sellers are already in holiday mode. Price indications from there are higher than at the time of our last report and varied more than is usual, but that means less than it would at other times. Activity that happened during the period continued to be from origin to origin, Brazil to Vietnam.
Other Spices:
West African offers of ANNATTO are now expected to be available in January. Egyptian new crop CHAMOMILE yields are disappointing. China's new GINGER crop is available; quick demand presumably because of the disappointing harvest in Nigeria triggered some strength; there is optimism in India though and they will sell forward new crop to ship in the spring below Chinese levels. Egypt is harvesting a substantial new PARSLEY crop. Easing freight rates have brought down Indian SESAME offers. Another development in Egypt; their THYME market is strong.
JHE IS NOW USDA ORGANIC CERTIFIED