During the second quarter of 2025, safflower oil prices witnessed an oscillating trend in the Indian market. At the beginning of the quarter, the safflower prices were stable. However, after the government lowered import taxes on crude edible oils, the safflower oil prices started softening.
The move created a brief boost in trade margins and instilled the perception of weaker prices in the market. But as the conflict between Israel and Iran intensified, global trading routes were strained, and price fluctuations got a little intense. Safflower oil, like other vegetable oils, witnessed price gains in the wake of volatile global supplies and uncertainty about the supply in the future.
Towards the end of the quarter, prices again eased as further tensions were eased in the global oil markets by the arrival of shipments on duty-paid terms. This period of stability was short-lived, however, as seasonal influences like the monsoon and an increase in demand prior to regional festivals fueled upward pressures once more. Consumers and retailers resumed restocking, driving prices again higher.
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Safflower oil was still popular among the edible oil market, commonly applied to cooking, frying, and salad dressing. Its unsaturated fat content, which was high, attracted consumers who were health-conscious, and food producers applied it to margarine and baked foods due to its bland flavor and extended shelf life. Outside the kitchen, it was also a primary ingredient in cosmetics and pharmaceuticals because of its moisturizing and anti-inflammatory characteristics.
Safflower oil price graph during the first quarter of 2025 fluctuated as the edible oil market changed. While palm oil prices remained high, manufacturers and consumers sought substitutes, increasing demand for safflower oil. Prices remained higher at times, particularly when edible oil refiners were desperate to obtain cheaper alternatives. Prices fell at other times when supply matched up or when other oils became temporarily more available. The increased interest in healthier oils also sustained strong demand, yet another force sending prices higher.
With palm oil shortfalls reducing availability, making traditional choices less appealing to purchasers, safflower oil remained the first-choice substitute, and it maintained prices. But the market didn't follow a direct trajectory—shifts persisted as buyers realigned themselves according to available and priced alternate oils. However, by the end of quarter, the safflower oil fluctuated in a narrow range as the demand for the stabilized as the weather became warmer.
Safflower Oil is a light, odourless and flavourless cold-pressed oil that is obtained from white seeds of the safflower plant. Safflower Oil is a rich source of linoleic acid (70%). It is an unsaturated base oil, and thus, could be used in combination with palm, coconut, or a similar oil. It is widely recognised for its moisturising properties and thus is commonly used in soaps, lotions, creams, and massage oils.
Cooking oil, Salad dressing, Margarine, Lubricants, Solvents, Cosmetics, Plastic additives, Resins and polymers, Biofuels, Paints and coatings, Soaps and lotions
Adams Group, ConnOils LLC, Kshrey Inc, Ekologie Forte Pvt.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 extract Safflower Oil, a process called cold pressing is used. Cold pressing is the conventional and straightforward method of producing oil, where the seeds are pressed (or squeezed) at a low temperature to finally obtain the desired product.
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