Procurement Resource provides latest prices of Safflower Oil. 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.
Procurement Resource provides prices of Safflower Oil for several regions around the globe, which are as follows:
About Safflower Oil:
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.
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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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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