MONTHLY MARKET REPORT

To help better understand what’s going on at our end, here follows a brief update to the products our company is dealing with as follows.

Terms for all based on CIFNET world main ports by sea freight.

1) Eucalyptus series: There is little change taken place for the product of the price for crude eucalyptus except RMB appreciates by nearly 1% while ocean freight keeps increasing. Indicative rate is at USD12.35/kg (REACH covered) and quotation for Eucalyptol 99.5% is at the level of

USD13.30/kg.

2) Geranium China: price has been increasing to USD144.00--145.00/kg

(REACH covered) due to active buying in the local market with less availability. Farmers are expecting further increase in price before crop season ends.

3) Citronella Java China: market remains quiet with little buying and selling. Reference rate is around USD13.40-13.50/kg.

4) Wintergreen 98% Nat: availability keeps tight. Reference price remains around USD100.00/kg.

5) Aniseed oil/Anethol: Crop season starts but price keeps increasing with limited availability.