Thursday, June 29, 2023

 Refined Sunflower Oil is a light and transparent oil which, due to its high smoking point, is employed for high-heat applications such as sautéeing and frying. The oil has an extended shelf-life and is produced through various refining processes to transform the oil into a refined version.

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It goes through solvent extraction, de-gumming, neutralization, bleaching, dewaxing or winterization and deodorization, which makes it a much more stable oil which can be used for high-temperature cooking.

Key Details About the Refined Sunflower 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 Refined Sunflower 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 Refined Sunflower Oil Price analysis, including India Refined Sunflower Oil price, USA Refined Sunflower Oil price, pricing database, and chart 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 Refined Sunflower Oil Price Trend:

Refined sunflower oil is mainly used for culinary applications due to its ability to work in high-temperature cooking. In frying applications, the oil works like a typical vegetable triglyceride. Furthermore, the oil serves as a neutral vegetable oil for searing, sautéeing, and frying as it has undergone a refining process. In addition to household culinary applications, oil is used to prepare many food products like frozen pre-fried food, potato chips, and other fast food in restaurants. Also, the oil can be turned into various other types of hydrogenated fats, formulated fat spreads, different sorts of margarine, and shortenings which in turn propel the market expansion.

Key Players:

  • Abrilsol
  • ARCE Company Limited
  • Benvolio

News & Recent Development

  • 15 June 2023- The central Indian government has slashed the import duty on refined sunflower oil from 17.5% to 12.5% as a measure to control food inflation.

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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