Patchouli Oil Light Price Trend and Forecast

Patchouli Oil Light Regional Price Overview

Get the latest insights on price movement and trend analysis of Patchouli Oil Light in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Patchouli Oil Light Price Trend for the Second Half of 2024

Patchouli oil light, derived from the Pogostemon cablin plant, is widely used in the fragrance and cosmetic industries. It offers a light and earthy fragrance, suitable for middle or base notes in various perfumes, soaps, lotions, and candles. Highly refined fragrances, such as those from the "Chypre" family, are favored for their calming effects in aromatherapy.
 

Patchouli Oil Light Price Chart

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The Patchouli oil light market experienced a fluctuating trajectory during the latter half of 2024. Challenges in global patchouli production affected the supply of patchouli oil light. In Indonesia, farmers sold the oil at historically high prices, prompting many to harvest the crop earlier, typically after five months instead of six.

The scarcity of rain during the growing season exacerbated the situation, reducing potential yields and further limiting supply. This influenced the availability of patchouli oil light, as many distillers sold only half of their stock, holding the remainder in anticipation of higher prices. The scarcity of patchouli oil led to price increases. Overall, due to lower yields, lower-quality oil, and declining supply, the market remained volatile during this period.

Analyst Insight

According to Procurement Resource, the Patchouli oil light is likely to witness similar movements in the near future influenced by the oscillations in the feedstock costs.

Procurement Resource provides latest prices of Patchouli Oil Light. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.