As recently as six weeks ago, prices of Vanilla (Madagascar’s biggest export) continued to rise on the back of a greatly reduced supply and continuing buoyant demand. The price explosion led to wholesale thefts of Vanilla from plantations and as a result, some farmers are picking pods prematurely.

We have seen early signs that prices are beginning to trend downwards - After all, what goes violently up (as Madagascan Vanilla prices have done so this year), must also come down...

So what is behind this change of sentiment?
The origins of the wholesale rise in prices over the last few months centered around the impact of cyclone Enawo, which was considered sufficiently brutal to have knocked out the bulk of the 2016-2017 crop. It seems however, that the impact of the cyclone was not as disastrous as first thought. It is further believed that, whilst there are plenty of green, immature beans, the percentage that these represent is no more than 25-28% of the total Madagascan crop.

It is still early days of course, but it seems that it is possible that the 2017-2018 Madagascan Vanilla crop will possibly amount to 1,500 Metric Tons, with higher grade extraction being undertaken by early November, and the premium black Vanilla crop two months later. A contrary factor however, is that alternative crops from other origins (Papua New Guinea for example), are still eagerly awaited by the market, but these are likely to be small (in terms of quantity) and will not be harvested until at least 2018. Therefore, Madagascar’s predominant position in the international Vanilla market will continue for some time to come.

Madagascan sellers will still want to take advantage of current high prices, however, it remains true that the dynamics of the Madagascan Vanilla market looks set to change... FDL will continue to watch this market closely and will advise customers and buyers of any further  changes to sentiment or price. But overall, the message to take home on the Vanilla front is this:  Vanilla remains a very volatile, and dangerous market and customers should continue to cover their requirements.

For more information about Vanilla, or if you have any vanilla requirements or are struggling to get stock, please don't hesitate to get in touch directly on :  Tel: +44 (0) 20 7488 0777

Almond Milk
FDL have sites all over the world including the UK, USA, India & China. We also have a strong portfolio of suppliers from every continent of the ...
Read more
Amino Acids
High specification fine and bulk Amino Acids to the Reaction Flavours, Pet Food, Bakery, Sports Nutrition and Personal Care Industries.   Our ...
Read more
Aroma Chemicals
Used globally in a wide range of consumer products ranging from Shampoo, Toiletries, Toothpaste, Mouthwash, Confectionery, Chewing Gum to some sweet ...
Read more
Beverage Syrups
Milk Shake Syrups Available in 9 flavours. Suitable for use with ordinary Milkshake machines and thick-shake machines.   Slush Syrups Available ...
Read more
Energy & Fortification
Energy and nutritional blends to suit many applications. We can supply raw ingredients, create powder blends or help you develop a brand new ...
Read more
Flavourings & Colours
Providing high quality, cost effective flavourings (including Natural, FTNF (From The Named Fruit) and NI (NatureIdentical)) flavours and colours ...
Read more
Honey
Offering a complete range of monofloral and polyfloral varieties plus specialist Honey related products sourced from each of the world’s producing ...
Read more
Juices & Juice Blends
More than 45% of the Juices we supply are tailor-made to clients’ specific requirements. By combining not only Juices, but Aromas, Sweeteners, ...
Read more
Preservatives & Acidulants
Fuerst Day Lawson’s broad portfolio of Food and Beverage Ingredients would be incomplete without our range of Food Preservatives. Our expertise ...
Read more
PureShimmer
Titanium Dioxide Free Glitters PureShimmer is a range of Titanium Dioxide free shimmers, glitters and gold coatings. Titanium Dioxide has ...
Read more
Seeds & Grains
Fuerst Day Lawson supplies a wide range of Bakery Seeds, Dried Fruits and Pulses, including Custom Mixes and Blends, to the Baking, Health Food, ...
Read more
Sweeteners & Sugars
 FDL has many years of experience in Sweetener systems development involving combinations with other high intensity and calorific ...
Read more

About FDL

 

FDL is a leading global supplier of specialist ingredients to the Food, Beverage, Fragrance and Chemical industries.

 

Updates

Contact Us

FDL Head Office
FUERST DAY LAWSON LTD.
Metropolitan Wharf
70 Wapping Wall
London
E1W 3SS
UK.

 

Tel: +44 (0) 20 7488 0777
Fax: +44 (0) 20 7265 5285