In the backdrop of these recent developments, Olam Spices’ US dried onion operation represents a stable, dependable and high-quality source of fully traceable, Non-GMO, gluten-free dried onion, which can provide an important hedge against volatile market conditions. Current availability of Olam’s US onion is adequate and prices are relatively stable.
Organizations who want to de-risk their supply chain from potential volatility from these origins should evaluate converting part or all of their requirement to US onion. Similarly, users of US onion should look to actively cover 2020 requirements as early as possible to avoid a potential tightening of supply as demand strengthens.
We encourage interested parties to contact your respective Olam Spices sales manager to organize a more detailed discussion. As a valued supplier, we will continue to communicate additional and relative developments as they occur — assuring you of our best attention at all times.