Palmarosa oil price and all other aromatic oil price will be hike due to the rise in input cost

Another a big blow with the news of fertilizer rate hike… government as announced the fertilizer cost hike few days back.

All aromatic crops needed good dose of DAP for the good establishment and rich oil content . The input cost for per acre will be 1000 rs to 2000 rs . more per acre for every harvest which pushes palmarosa farmers to rise the oil price soon … No way to work with present thin margin some farmers around the states have already switched to the new crop ..... acreage for palmarosa are shrinking this year... It is a question of loosing global position in palmarosa oil export .....

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