| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Mentha Oil | India | FOB | USD 14,540.33/MT | August 2026 |
| Mentha Oil | Saudi Arabia | CIF | USD 14,585.33/MT | August 2026 |
| Mentha Oil | Russia | CIF | USD 14,653.92/MT | August 2026 |
| Mentha Oil | China | CIF | USD 14,595.33/MT | August 2026 |
| Mentha Oil | Canada | CIF | USD 14,710.95/MT | August 2026 |
| Mentha Oil | India | FOB | USD 13,719.01/MT | July 2026 |
| Mentha Oil | Saudi Arabia | CIF | USD 13,774.01/MT | July 2026 |
| Mentha Oil | Russia | CIF | USD 13,869.01/MT | July 2026 |
| Mentha Oil | China | CIF | USD 13,756.01/MT | July 2026 |
| Mentha Oil | Canada | CIF | USD 13,921.50/MT | July 2026 |
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In India, the average price of Mentha Oil increased from ~USD 13,719.01/MT (FOB) in July to ~USD 14,540.33/MT in August, a rise of ~6.0%. China’s average import price followed closely, climbing about 6.1% from ~USD 13,756.01/MT (CIF) to ~USD 14,595.33/MT. Demand from menthol users stayed healthy, especially in Asia, where leading menthol producers reported strong sales growth in the second quarter. In India, oral care, the largest menthol outlet, performed well, with Colgate-Palmolive India’s sales up 12% in April–June, while mint-based digestive products also grew at a double-digit pace. Costs rose across the chain, as consumer goods makers reported input inflation of about 8% linked to geopolitical tensions and higher crude-linked costs squeezed margins for cooling balm producers. This encouraged suppliers to raise mentha oil offers. Demand in Europe was weaker, as mint and menthol confectionery sales declined, which limited wider gains.
Analyst Insight
According to Procurement Resource, in the near term, mentha oil prices may stay firm as Asian menthol demand remains strong, though weaker European consumption could restrain the pace of increase.
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Mentha Oil prices in India increased to ~INR 1,113.63/kg in April and ~INR 1,141.67/kg in May, showing a ~2.5% increase. The market remained influenced by new-season mint arrivals from Uttar Pradesh, export demand and expectations around crop output. Harvesting during April–June increased supply availability, limiting stronger price gains, but concerns over weather conditions, irrigation and oil recovery rates supported market firmness. Export demand from flavour, fragrance and pharmaceutical industries provided support, with China remaining an important buyer of Indian mentha oil and menthol derivatives. However, competition from synthetic menthol reduced the pricing power of natural mentha oil producers as buyers preferred stable-cost alternatives. Pharmaceutical applications, including cough medicines and oral-care products, along with food flavouring and personal-care uses, maintained steady consumption. Exporters also monitored currency movements as exchange-rate changes affected margins. Buyers generally followed short-term procurement strategies and avoided large inventories due to uncertain export demand and synthetic menthol competition.
Steam distillation and filtration of dried Mentha arvensis leaves or simply mentha (mint) results in the production of Mentha Oil. This is further processed in order to yield menthol along with other derivatives. Mentha Oil and its derivatives are extensively utilised in food, pharmaceutical, perfumery, and flavouring industry. Menthol and mint essential oil are also used in aromatherapy which may have therapeutic and clinical effect.
Food industry, Pharmaceutical industry, Perfumery, Flavour and Fragrance industry
Sydney Essential Oil Co, Aksu Vital Natural Products and Cosmetics, Ultra International B.V, Farotti Srl, Robertet Group, Young Living Essential Oils, Lionel Hitchen Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce Mentha Oil, the steam distillation of dried mentha leaves is carried out. This step is further followed by filtration process to separate distillate and finally obtain Mentha Oil.
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This report provides the cost structure of Mentha oil production by steam distillation process. The dried leaves of Mentha arvensis go through the process of steam-distillation. The distillate is then separated and condensed, followed by refining by vacuum filtration to extract Mentha Oil.
In this process, the distilled oil of mint (mentha arvensis) is extracted and brought to the temperature of -22ºC to obtain menthol.
Almond Oil Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
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