30.09.2020 Views

ECSA Trade Flavours and Fragrances | Market report preview 10.2020

ecsa-chemicals.ch ECSA Trade Preview ➡ Download full version https://ecsa-chemicals.ch/en/content-hub/learning-center/ecsa-trade/

ecsa-chemicals.ch

ECSA Trade Preview ➡ Download full version https://ecsa-chemicals.ch/en/content-hub/learning-center/ecsa-trade/

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

OCTOBER 2020<br />

<strong>ECSA</strong> TRADE<br />

FLAVOURS & FRAGRANCES<br />

MARKET REPORT


ALLYL EPTANOATE /<br />

ALLYL CAPROATE (ALLYL<br />

HEXANOATE)<br />

Allyl heptanoate has a fruitypineapple<br />

<strong>and</strong> banana odour. It is<br />

used as flavour in tropical fruit <strong>and</strong><br />

as fragrance for fruity <strong>and</strong> floral<br />

composition. Allyl Hexanoate<br />

(most known as Allyl Caproate)<br />

has a pineapple like taste. Current<br />

prices of both products are stable.<br />

We have stock of Allyl heptanoate<br />

<strong>and</strong> we will receive soon Allyl<br />

Caproate. Do not hesitate to send<br />

us an offer request.<br />

ANETHOLE EX-STAR ANISE<br />

We are now in the season of the new harvest of star anise in<br />

China. Since the new crop is just started in July <strong>and</strong> will last<br />

until October, it is still too early to say what the situation<br />

will be like in the near future. Star anise <strong>and</strong> derivatives<br />

have been in shortage in the past 12 months. Moreover,<br />

star anise is recognized for its anti-virus property, which<br />

will make it even more popular during p<strong>and</strong>emic period.<br />

Even if the harvest would be stable, the price of star anise<br />

<strong>and</strong> derivatives might go up in Autumn <strong>and</strong> wintertime<br />

again.<br />

WHAT’S<br />

BENZYL BENZOATE<br />

Benzyl benzoate is in oversupply <strong>and</strong> quotations are<br />

slightly cheaper compared to begin 2020. New capacity has<br />

arrived on the market in the last 12 months, whereas the<br />

dem<strong>and</strong> has not increased as previously expected because<br />

of COVID. Currently price for 1 FCL Benzyl benzoate is<br />

around 2.0 USD/kg CFR. Price level should stay stable<br />

during the next months.<br />

GOING ON<br />

IN<br />

MARKET?<br />

THE<br />

2


FAMI-QS:<br />

<strong>ECSA</strong> IS A CERTIFIED COMPANY<br />

FOR SPECIALTY FEEDS<br />

The numerous certifications obtained by <strong>ECSA</strong> over<br />

the years are proof of the company’s efforts <strong>and</strong> interest<br />

in numerous fields, ranging from product <strong>and</strong> process<br />

quality to managing supply procedures <strong>and</strong> delivering<br />

supplies. <strong>ECSA</strong> Chemicals has a team dedicated entirely<br />

to the activities related to national <strong>and</strong> international laws;<br />

in January 2020, it started working to achieve FAMI-QS<br />

certification.<br />

FAMI-QS is a certificate focused on specialty feeds<br />

<strong>and</strong> on the mixture of ingredients they contain. It is<br />

the European code of good practices for companies<br />

active in the sector of additives <strong>and</strong> pre-mixtures for<br />

specialty feeds. Its aim is the management of the various<br />

processing phases while ensuring full hygiene <strong>and</strong> safety.<br />

The st<strong>and</strong>ard can be applied to all the links in the chain<br />

(including separately), e.g. transport, laboratories for the<br />

analyses of these products, <strong>and</strong> can be extended to sellers<br />

such as <strong>ECSA</strong>. Obtaining this certification confirms that<br />

the entire supply chain, from “field to plate” is safe <strong>and</strong><br />

certified.<br />

“In recent years, there has<br />

been growing interest in<br />

this type of certification,”<br />

says Enrico Barni, Quality<br />

Manager. “Having FAMI-QS<br />

certification opens new markets to <strong>ECSA</strong> <strong>and</strong><br />

also offers greater peace of mind <strong>and</strong> safety to our<br />

customers, who will no longer have to organise<br />

audits themselves - they will immediately have<br />

the guarantee that every product meets safety<br />

st<strong>and</strong>ards in every link of the supply chain.”<br />

FAMI-QS is a recently introduced st<strong>and</strong>ard that is not<br />

widespread yet, so it gives a competitive advantage to<br />

certified companies, especially in international markets.<br />

DOWNLOAD <strong>ECSA</strong> CHEMICALS FAMI CERTIFICATE<br />

DOWNLOAD <strong>ECSA</strong> ITALIA FAMI CERTIFICATE<br />

22


This is just<br />

a sneak peek...<br />

Wanna read more?<br />

> Products trends commented by <strong>ECSA</strong> experts<br />

> Up to date analysis about the World economic situation<br />

> A quick overview of price trends<br />

> News about <strong>ECSA</strong> Chemicals<br />

GET ME A COPY!<br />

I’m a little busy right now... I just need a quotation<br />

> www.ecsa-chemicals.ch

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!