ECSA Trade Cosmetics and Detergents | Market report preview 09.2022
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ECSA Trade Preview ➡ Download full version https://ecsa-chemicals.ch/en/content-hub/learning-center/ecsa-trade/
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ECSA Trade Preview ➡ Download full version https://ecsa-chemicals.ch/en/content-hub/learning-center/ecsa-trade/
SEPTEMBER 2022 ECSA TRADE COSMETICS & DETERGENTS MARKET REPORT
- Page 2 and 3: What’s going on in the market? AL
- Page 4: This is just a sneak peek... Wanna
SEPTEMBER 2022<br />
<strong>ECSA</strong> TRADE<br />
COSMETICS & DETERGENTS<br />
MARKET REPORT
What’s going on in the market?<br />
ALMOND OIL<br />
California’s 2022 almond production is forecast at 2.60<br />
billion meat pounds, down 7% from May’s subjective<br />
forecast <strong>and</strong> 11% lower than last year’s crop of 2.92 billion<br />
meat pounds. The forecast is based on 1.37 million bearing<br />
acres. Production for the Nonpareil variety is forecast at<br />
1.00 billion meat pounds, 12% percent below last year’s<br />
deliveries of 1.13 billion meat pounds. The Nonpareil<br />
variety represents 38% of California’s total almond<br />
production.<br />
The almond bloom began in early February with favorable<br />
weather for pollination. Warm temperatures encouraged a<br />
shorter bloom period than has occurred in recent years.<br />
Some areas were hit by a freeze that occurred during the<br />
last week in February. Frost damage was observed, with<br />
<strong>report</strong>s that some acres would be left unharvested without<br />
an adequate nut set. As drought conditions persist, water<br />
availability is a top concern for almond growers. Harvest is<br />
expected to begin in the next month.<br />
Price should remain at the high level at least till the end of<br />
the year.<br />
3
CONTENT HUB<br />
RSPO: ROUNDTABLE ON SUSTAINABLE PALM OIL<br />
Palm fruit oil <strong>and</strong> palm seed oil (the latter also called palm<br />
kernel oil) are vegetable oils obtained from oil palms.<br />
The use of palm oil has grown steadily in recent years,<br />
so much so that it has become not only one of the main<br />
ingredients of the food industry but also a very important<br />
raw material in various sectors, such as cosmetics. For this<br />
reason, has emerged the need to provide precise st<strong>and</strong>ards that can<br />
promote the growth <strong>and</strong> use of palm oil-based products resulting from<br />
the responsible management of oil palm plantations that have now<br />
become so important for numerous production chains.<br />
Cecilia Picinotti<br />
Quality assurance<br />
& CLP Assistant<br />
WHAT IS RSPO?<br />
RSPO – Roundtable on Sustainable Palm Oil<br />
is a non-profit association that aims to promote the cultivation <strong>and</strong> use of sustainable palm oil through global certification st<strong>and</strong>ards.<br />
The main objective of RSPO is therefore to encourage not only the cultivation but also the use of sustainable palm<br />
oil in order to reduce the environmental <strong>and</strong> social impacts resulting from the cultivation of this type of oil.<br />
The RSPO certification is therefore the main international sustainability st<strong>and</strong>ard that guarantees the production<br />
<strong>and</strong> trade of palm oil obtained without damaging the living conditions of the communities <strong>and</strong> local biodiversity.<br />
To promote this kind of sustainable business, RSPO has four different types of models/certifications:<br />
• Preservation of identity<br />
• Segregation<br />
• Mass balance<br />
• Book <strong>and</strong> Claim<br />
While the first three models allow the physical control of palm oil throughout the supply chain, the last supports the<br />
production of sustainable palm oil through the sale of certificates.<br />
18
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 />
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