Jennings Jersey

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Rosewood Oil

Production of Rosewood Oil in 2007 improved and was well above the previous year. In all, between the Organic and Regular kinds,?about 25 tons of Rosewood Oil were produced. The apparent reason for such increase is that part of the 2006 production was delayed because of the exceptionally low level of the waters in the Amazon basin in the second semester, which affected logistics in much of the producing region. As a result the actual production was delayed to 2007. Again the organic product was responsible for most of the growth due to the increasing environmental concerns. The year was marked by strong valuation of the Real against the Dollar and Jennings Jersey in December 2007 the FOB Manaus price for?organic oil reached US$ 95 per kilo. As the trend Jennings Jersey continues it is likely that the mark of US$100/kilo FOB will be surpassed in early 2008 (One USD is now worth 1.90 BRL). ?The price in Euro was much more stable and therefore customers from Europe preferred quotations in Euro. ?

There was one important fact that happened in 2007: the introduction to the market of the first Rosewood Oil made out of leaves and green branches from the new plantations. The initial production was small, only 2 drums, but we hope to be able to offer more in the following years. As the federal and state environmental authorities are exercising stronger and stricter controls over the activity, the producers are increasing the managed planted?areas. Jennings Jersey This is a slow, but promising?process that is likely to guarantee the sustainability of Rosewood Oil production in the future. In 2008 Organic Rosewood Oil will most likely continue its growth, while the regular product will continue its decline. With luck the total production might reach 25 tons, but most likely it will be somewhat lower. ?In addition to usual production, we expect to be able to offer?3 drums of oil extracted from the leafs and branches alone in 2008.