The Rapeseed Oil Price Index reflects the value of rapeseed oil, a product derived from oilseed rape seeds. Rich in stearic acid, linoleic acid, and oleic acid, rapeseed oil is renowned for its abundance in fat-soluble vitamins, healthy fats, fatty acids, unsaponifiable components, and phospholipids. Additionally, it contains numerous bioactive compounds, serving as antioxidants that mitigate the risk of heart disease.
Highlighted for its functional properties including antimicrobial, anti-inflammatory, anti-obesity, anti-diabetic, neuroprotective, anti-cancer, and cardioprotective attributes, rapeseed oil stands as a preferred choice in the edible oil market due to its health benefits.
Major importers of rapeseed oil include India, the United States, and the Netherlands, while leading exporters encompass Germany, the United Arab Emirates, and the Netherlands. The Rapeseed Oil Price Index tracks fluctuations in the cost of this commodity, reflecting its global demand and market dynamics.
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Key Details About the Rapeseed 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 Rapeseed Oil price 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 Rapeseed Oil Price chart, including India Rapeseed Oil price, USA Rapeseed Oil price, 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 Rapeseed Oil Price Trend:
Rapeseed Oil, a versatile organic edible oil, finds extensive industrial applications worldwide. Its primary use lies in the food processing sector, where it contributes to the creation of salad dressings, dips, and serves as a healthy option for baking and cooking due to its rich content of polyunsaturated fats.
Beyond culinary pursuits, Rapeseed Oil plays a pivotal role in biofuel production, particularly as a key component in biodiesel. Its properties extend to lubrication applications, offering a balanced blend of high-temperature stability and low-temperature performance, thereby enhancing machinery efficiency.
Moreover, the plastic industry benefits from Rapeseed Oil, utilizing it in the production of environmentally friendly and non-toxic bioplastic materials. Its utility extends even to maritime settings, where it is employed in lifeboats to pacify rough seas by altering water surface tension, facilitating smoother sailing conditions.
Key Players:
- ADM
- Bunge Limited
- Cargill Incorporated
- Resaca Sun Feeds LLC
- Corteva Agriscience
- Sunora Foods
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