Rapeseed Oil Price Trend Analysis, Historical Chart and Forecast
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Rapeseed Oil is the product obtained after processing the seeds of oilseed rape. It comprises stearic acid, linoleic acid, and oleic acid. It is an excellent source of fat-soluble vitamins, healthy fats, fatty acids, unsaponifiable components, and phospholipids. It contains a lot of bioactive compounds that are essential for human health. These components are considered antioxidants that reduce the risk of heart disease.
Functional components such as anti-microbial, anti-inflammatory, anti-obesity, anti-diabetic, neuroprotective, anti-cancer, and cardioprotective properties stand as Rapeseed Oil’s most emphasized features. Due to these health benefits, Rapeseed Oil is one of the most considered healthy edible oils in the commercial market.
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The key importing countries that import Rapeseed Oil are India, the United States, and the Netherlands. On the other hand, the key exporting countries for the same are Germany, the United Arab Emirates, and the Netherlands.
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 is an organic edible oil variety that has wide-scale industrial applications across the globe. The primary utilization of Rapeseed Oil can be seen in the food processing industry, where it is used to produce salad dressings and dips in baking and cooking activities. It contains a lot of polyunsaturated fats, making it a healthy alternative in the market.
Additionally, Rapeseed Oil plays a key role in manufacturing biofuels, like biodiesel, that is used to power engines. It is also used as a lubricant and possesses a great combination of high-temperature stability and low-temperature property, enhancing its performance characteristics. The plastic industry uses Rapeseed Oil to manufacture bioplastic materials that are eco-friendly and non-toxic in nature. It is carried in lifeboats and is used to calm the choppy seas, modifying the surface tension of the water body and smoothening the surface.
Key Players:
- ADM
- Bunge Limited
- Cargill Incorporated
- Resaca Sun Feeds LLC
- Corteva Agriscience
- Sunora Foods
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