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:
The price trend and index for mustard oil reflect its diverse applications beyond culinary use. Mustard oil serves not only as a cooking medium but also finds utility in aroma therapy, pharmaceuticals, and body care products like soaps. Moreover, it serves as a source for biodiesel, utilizing seed residues post-extraction for animal feed.
Beyond its role in the kitchen and industrial sectors, mustard oil features prominently in pickle preparation and hair care products. Its versatility extends to lubricating jet engines, enhancing food flavors, and boasting numerous medicinal benefits. In medical contexts, mustard oil demonstrates efficacy in treating inflammatory conditions like arteritis and inhibiting cancer cell growth and microbial proliferation.
Furthermore, mustard oil doubles as a facial mask and a treatment for scalp health, promoting follicle growth and maintaining skin vitality. Understanding the mustard oil price trend, chart, and graph elucidates its market dynamics amidst its multifaceted applications and benefits.
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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