F&F Corner

26 November 2001 00:00  [Source: ICB Americas]

COCOA BUTTER prices are at $32 per gallon. "No surprises of late," reports a broker.

HAZELNUT OIL prices are at $30 per gallon and are "holding strong," says a broker. Macadamia nut oil is at $40 per gallon, and prices for pecan oil are at $30 per gallon.

SESAME OIL prices are at $20 per gallon. "We've been steady at $20 for a while," says an industry source, "and I think it will remain steady for the time being."

TANGERINE OIL prices are at $18 per kilo. "With Chinese oil gaining a greater foothold--given the lower price levels--it is not unlikely that the new crop, which will be available for shipment in January/February, will be priced quite a bit higher," says N.J.-based broker David Cookson. "Concentrate production is not the factor that is with most other citrus oils, so low oil prices will discourage processing."

TEA TREE OIL prices are holding at $110 per gallon due to "very little movement since the summer," says one trader.

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