Rapeseed Price Chart, Historical and Forecast Analysis | Procurement Resource

Rapeseed Price Chart, Historical and Forecast Analysis | Procurement Resource

March 21, 2024

The Rapeseed Price Index is a metric that reflects the value of rapeseed, a plant variety known for producing seeds commercially processed to obtain rapeseed oil—a globally consumed, health-conscious option. Belonging to the mustard family, rapeseed features long taproots and bluish-green leaves with a smooth, shiny surface. During bearing seasons, it yields flowers abundant in seeds, making it a staple crop on large-scale farms.

The oil extracted from rapeseed serves various commercial purposes, particularly in culinary and cooking applications. Valued for its lubricative properties, it is also utilized in the manufacturing of petroleum products. Furthermore, rapeseed oil boasts significant health benefits, promoting heart health and enhancing eyesight.

Key importing nations for rapeseed include Vietnam, India, and Thailand, while major exporting countries encompass India, Germany, and the United Arab Emirates. The Rapeseed Price Index serves as a vital measure for tracking the market value of this versatile crop, influencing global trade and economic dynamics.

Request for Real-Time Rapeseed Prices: https://procurementresource.com/resource-center/rapeseed-price-trends/pricerequest

Key Details About the Rapeseed 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 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 Price chart, including India Rapeseed price, USA Rapeseed 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 Price Trend:

Rapeseed, derived from the Rapeseed plant, is processed to yield oil renowned for its numerous health benefits. Marketed under the names Rapeseed oil and canola oil, these oils share subtle distinctions but are distinctively promoted. They constitute traditional cooking oils rich in saturated fats, omega-3 fatty acids, linoleic, and oleic acids, prized for their culinary versatility.

Beyond culinary applications, rapeseed oil finds utility in the petroleum industry for manufacturing environmentally friendly biofuels. Additionally, it contributes to livestock and bird nutrition, enhancing immunity and providing essential nutrients. Its multifaceted applications extend to soap production, lamp fuel, margarine, and various other oil-based products, making it a highly versatile and beneficial resource globally.

Key Players:

  • Bunge Limited

News & Recent Development

  • Date: March 21, 2023– Russia has announced another temporary ban on the exports of Rapeseed soon after the previous one ends.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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