Mustard Oil Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

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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:

Besides being used as a

Mustard oil, a versatile product, serves various purposes beyond cooking. Its aromatic properties make it a candidate for aromatherapy. Additionally, it finds applications in pharmaceuticals and body care items like soaps. Furthermore, mustard oil doubles up as biodiesel, while the residual seeds serve as animal feed.

In culinary realms, mustard oil features prominently in pickles and hair oils. It extends its utility as a lubricant for jet engines and imparts flavor to food. Medically, it demonstrates efficacy in treating inflammatory conditions like arteritis and inhibiting cancer cell proliferation and microbial growth. Moreover, it serves as a facial mask and aids in scalp hair treatment, promoting follicle health and vibrant skin.

Analyzing Mustard Oil Price Trend, Mustard Oil Price Index, and Mustard Oil Prices reveals its economic significance and consumer demand dynamics.

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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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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