Mustard oil is a commonly used cooking oil, with a pungent and strong taste with a vexing smell. With its strong smell, it is also used for aroma therapeutic treatments. Mustard oil is basically obtained from mustard seeds. There are two types of methods followed for the extraction. The seeds are either pressed, which produces cooking oil containing fatty oils, or is ground while processing it with water and then filtered with distillation method. The latter procedure of oil extraction results in a light pungent smelling oil that is used for giving therapy. It has high benefits on skin.
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The key importing countries for Mustard Oils are, Netherlands, the United States and Germany. On the other hand, the key exporter countries include India, Nepal and Ukraine.
Key Details About the Mustard Oil Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Mustard Oil Prices in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Mustard Oil Price chart, including India Mustard Oil Prices, USA Mustard Oil Prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Mustard Oil Price Trend:
Mustard oil serves various purposes beyond its culinary application. It is utilized in aroma therapy, pharmaceuticals, and body care products such as soaps. Additionally, it is a key component in biodiesel production, with the seed residues being repurposed as animal feed.
In addition to its role as a cooking oil and its inclusion in pickles and hair oils, mustard oil finds application as a lubricant for jet engines and as a food flavoring agent. It boasts numerous medicinal benefits, notably in treating inflammatory conditions like arteritis.
Mustard oil’s versatility extends to inhibiting cancer cell growth, combating microbial infections, and serving as a face mask and scalp treatment. Its attributes promote healthy follicle growth and maintain skin health.
For those tracking the mustard oil market, analyzing the Mustard Oil Price Trend, Mustard Oil Price Index, Mustard Oil Prices, and related metrics through charts and graphs provides valuable insights into market dynamics and trends.
Key Players:
- Unilever
- Cargill Incorporated
- Archer Daniels Midland Company
- Adani Wilmar Limited
- Taj Agro Products
- Emami Agro Ltd.
- K S Oils,
- Mother Dairy Fruit & Vegetable Pvt. Ltd.
- Ambuja Agro Industries Ltd
- Bansal Oil Mill Limited
News & Recent Development
- Date: 6 April 2023– Mustard oil price to fall below MSP:
Moisture lock due to rainfall and cheaper imports of other oils such as soyabean, and sunflower, have dropped the price below the Minimum Support Price for mustard oil.
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