August 10th, 2023
Just received from one of our good suppliers a report about mexican Allspice Crop & Harvest
Concerning
Allspice market situation, let me comment you that the harvest time
arrived very late because there were not rains on time of almost any of
the productions areas; the trees look good, they have grains and it
seems that we could have a good crop, however the collection is very
slow and is not constant because not all the trees are ready to be
collected and the collection did not begin in a specific area but in
specific trees that are ready to be collected.
In the local market, the prices began to increase even before to start the harvest time and now they are very speculative and increasing almost every day, even when we are not in the collection yet. For that reason we consider that we will require at least another week to have more collection and wait until the price can be more stable.
Bottom line is Guatemala and Mexican prices are all very firm still, despite the markets being somewhat in vacation mode. Will see what happens when demand comes back in full
We are ready to offer 2023 crop Allspice Pimento of Mexico or Guatemala origin
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