Menthaoil Spot Price
- Low 912
- High 915.5
Why are Mentha Oil prices rising?
Mentha oil prices are highly volatile and depend on supply and demand in the market. India has been a major export centre for mentha oil and its derivatives for several years, exposing exporters to high price volatility.
Which countries buy mentha oil?
India exports most of its mentha oil to the United States, France, and China, making it the world's second-largest exporter of mentha oil.
What is mentha oil used for?
Mentha oil and its derivatives are widely used in the food, pharmaceutical, perfume, and flavour industries.
Which country produces the most mint?
Some species are generally used in herbal medicine. There are two types of mint commercially available: peppermint and spearmint. Currently, there are three main mint-producing countries:
USA, India, and China. The USA is the leader in peppermint oil production (70% of global production)
What is the right time to invest in Mentha Oil?
It is a very demanding product worldwide. You can invest in it anytime when you are willing to.