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 of Mustard Oil reflects its diverse applications beyond cooking. Apart from its culinary use, Mustard Oil serves as a key ingredient in aromatherapy, pharmaceuticals, and body care products such as soaps. Additionally, it finds utility as biodiesel, while the residual seed materials are repurposed as animal feed.

Beyond its role as a cooking medium, Mustard Oil contributes to the preparation of pickles and hair oils. Its versatility extends to lubricating jet engines, enhancing food flavors, and offering various medical benefits. Notably, Mustard Oil exhibits anti-inflammatory properties useful in treating arteritis and inhibits cancer cell proliferation while combating microbial infections.

Moreover, Mustard Oil serves as a skincare remedy, employed in face masks and scalp treatments to promote follicle growth and maintain skin health. Monitoring the Mustard Oil price index reflects its evolving demand and diverse applications in various sectors.

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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