Menthol Crystals and Mentha oil

Menthol Crystals and Mentha oil

Product Code AOS197

Mentha Oil and Menthol: (August 2017)

Three years of sluggishness seems to be weathering away, Mint is again moving upwards and the movement looks to be very strong, since one month Mentha Oil prices have increased more than 35%, we are sure that this upward movement will continue. Difference in demand and supply is clearly evident.


People who know Mentha Market will agree that this increase is very authentic and balanced. Panic increase is still awaited. 


Market is showing one way upward movement for all the Mint Products like Menthol crystal, Peppermint oil IP/BP, DMO and Mint oil. But we are still sensing more some upward movement.


About Bar Chart explains why there is steep increase in prices and why it will continue.This year there will be almost 11% shortage in supply. Therefore the prices will continue to increase. 

Estimated Production of Mentha Oil in Metric Tonnes

Year

2014

2015

2016

2017

Opening Balance

4800

12244

11591

2831

Estimated Production

46000

42000

35800

36000

Availability

52814

54244

47391

38831

Total demand

40570

42653

44560

45000

Balance

12244

11591

2831

-6169


Reasons for increase in prices:

  • Continues less production of Mentha Oil for consecutive two years. As farmers are not interested in growing the crop as they were not getting optimum money for their crop.
  • Fear of Synthetic Menthol, Rumors were there that this year production of Synthetic Menthol will be increased and farmer will not get worth of their crop.
  • Less availability of cash during sowing time, many farmers were not able to buy the roots in time due to this cash shortage.

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