In the past few years, the essential oil industry is a sunrise industry, with less investment, low entry threshold, and absolute advantage of private capital, and it is also an emerging industry of plant extracts (this article introduces the current price of peppermint oil).。In foreign countries and other mature cosmetic markets，Plant essential oil products generally account for more than 35% of the total cosmetics market，In our home market，In 2012, the share of essential oil skin care products was only about 3%，In the case of the total domestic cosmetics market has exceeded 100 billion，Conservative estimate，Essential oil skin care products at least have more than 60 billion market space to tap。

  Then we continue to understand the price of peppermint oil。Peppermint is not only an important raw material for medicine and daily chemicals, but also widely used in beverage, food, tobacco and other industries. Since this year, the market of peppermint oil has experienced ups and downs, and how about the market behind it, which is also a topic of concern to many parties.

  The main producers of mint in the world are India, Brazil and China。In the 1990s, China had the largest mint production area and the largest output, accounting for more than 80% of the world's total。With the rise of China's economy and the long-term downturn in the price of peppermint oil, China's peppermint production is almost on the verge of collapse。It is understood that the survey: in 2017, China's mint planting area is about 4000 mu (Anhui about 1200 mu, Hebei about 1000 mu, Jiangxi about 800 mu, other places about 1000 mu)。Due to the lower price of peppermint oil, these mints are mostly sold as mint leaves and peppermint whole grass。No one refines peppermint oil anymore。

  This means that the output of peppermint oil in our country in recent years is almost zero。In Taihe County, Anhui province, the main producer, even refining equipment is hard to find。Why does this happen？This is mainly because the peppermint oil market has experienced a downturn of 15 years, during which China's rapid economic development, rising grain prices, a large number of labor forces go out to work, resulting in the cultivation of peppermint income is far less than the cultivation of food and other cash crops, so farmers have abandoned peppermint to grow other crops。The production status of mint oil in Brazil is similar to that in China。

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  The trend of the domestic peppermint oil market is also the same as the price of Indian peppermint oil, which fell to a trough of about 90 yuan during the financial crisis in 2008。Since then, it has risen with the recovery of our economy。At the end of 2017, it has risen to about 120 yuan。This price is similar to the price of Indian peppermint oil。The crux of the problem is that China imports peppermint oil from India to add tariffs, transportation and other costs。The combined cost would be $20 per kilogram higher than in India。At present, China's peppermint oil market is basically the same as India's peppermint oil market, which is somewhat abnormal。In view of the reality that China's mint oil inventory is almost at the bottom, once the market changes, China's mint oil market may rise rapidly。

  We can see from the appeal that our current situation is that the demand has increased, the production speed has decreased, the inventory has decreased, and the shortage of goods is the current situation of the peppermint oil price market this year, and the current result is directly led to