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:

In addition to its culinary application, mustard oil serves various purposes, including aromatherapy and as an ingredient in pharmaceuticals and body care items such as soaps. Furthermore, it finds utility as biodiesel, with the residual seeds utilized as animal feed.

Moreover, beyond its role as a cooking medium, mustard oil is integral in the production of pickles and hair oils. It also serves as a lubricant for jet engines, imparts flavor to food, and boasts numerous medicinal properties, notably in treating inflammatory conditions like arteritis.

Mustard oil exhibits promising effects in inhibiting cancer cell proliferation and combating microbial infections. It is utilized in skincare routines, functioning as a face mask and aiding in scalp hair treatment, fostering follicle growth and promoting healthy skin.

The fluctuating mustard oil price trend, as reflected in the Mustard Oil Price Index and illustrated by price charts and graphs, underscores its economic significance in various industries.

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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