Home
Chemical Prices
Mustard Oil

Mustard Oil Price Trend and Forecast

Get Real Time Prices

Market Overview

For the quarter Ending March 2022

North America

In the first quarter of 2022, the market for Mustard oil fell gradually with an increase in production rate among the major producers in Canada. In Q1 2022, the harvesting of mustard oil subdued the operating cost, which slowed the prices for regional and overseas suppliers. However, falling mustard oil prices had little impact on other cooking oils, namely sunflower oil and palm oil. Export from Canada to China and US remained tepid with moderately operating trading activities. Towards the second half of the first quarter, the prices ramped up with healthy demand in the domestic market and rising geopolitical tension between Russia and Ukraine.

Asia Pacific

In the first quarter of 2022, the market of Mustard oil experienced mixed market sentiments. At the onset of the first half, the prices were already high due to sluggish production of mustard oil following the price trajectory of the last quarter of 2021. Later, in the second half, the price slipped as compared to the previous quarter owing to the early harvest of the mustard crop in mid-February, leading to sufficient supply. Also, the demand supply side of the market was normal owing to the stacked supply of the mustard oil previously imported from Russia. Toward the end of Q1 2022, the prices of Mustard oil were recorded to be INR 142500/ton (India).

Europe

In the first quarter of 2022, the market prices of mustard oil were hovering on the upper side. At the onset of the first half of Q1, the prices increased as the demand side exceeded the supply due to the resurgence of pandemic affecting the trade market and labor crisis. Unfavorable weather and restricted transportation led to increased freight charges, consequently increasing the market price of Mustard oil. At the beginning of the second half, the prices increased due to the Russia Ukraine conflict. The war crisis led to increased crude oil prices due to a supply crunch in the market following the increase in edible oil prices. Towards the end of Q1, the prices were recorded to be USD 1765/ton (Germany).

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Mustard Oil is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Mustard Oil market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Mustard oil manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Mustard oil market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behaviour of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Mustard oil market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Mustard oil are analyzed and region-wise demand pattern is tracked.

About

The derivation of Mustard oil is from the Mustard plant. It is segmented in the market by forms: Seed, Powder, Oil, and Paste. Mustard oil can either be the pressed oil used for cooking or essential oil known as volatile oil of mustard. It can also be extracted through steam distillation of mustard seeds. It has wide applications and is extremely good for muscular growth and development, fights against Skin ailments, etc. Major Mustard oil players globally are Blackwood Mustard Company, Unilever, Woeber Mustard Manufacturing Company, Conagra Brands Inc., and McCormick & Co.

Product Specific Details

CAS No:	57-06-7
HS Code:	15149120
Grade:	Grade 1 and Grade 2
Contract Size:	5 Litres
Packaging Type:	Tin

Get real-time pricing intelligence for different chemical products traded worldwide under mentioned Incoterms:

Incoterms: FOB/CFR/CIF/Ex-Works/ Ex-Location

. United States of America (USA)

. China

. Germany

. India

. United Kingdom (UK)

. Russia

. Japan

. South Korea

. Saudi Arabia

. United Arab Emirates (UAE)

. Taiwan

. Singapore

. Turkey

. Brazil

. South Africa

Track real-time price movement of 300+ chemical and petrochemical products for informed purchase decisions

Mustard Oil Price Trend and Forecast

Our Clients