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Barabanki
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Steinweg is a globally operating independent service provider in the fields of storage, handling, forwarding, chartering and other related commodity logistics services.
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About Steinweg
Barabanki
Barabanki is in Uttar Pradesh which is major production belt for Mentha. Mentha is an aromatic herb, which also goes by the name Japanese pudina in India. Steam distillation and filtration of dried Mentha arvensis leaves produces mentha oil, which can be processed to yield menthol and other derivatives. Mentha oil and its derivatives are extensively used in food, pharmaceutical, perfumery, and flavoring industry.
Mentha oil prices have always been quite volatile. In the last few years, India has emerged as an export hub for mentha oil and its derivatives, exposing exporters to high price volatility. Due to the presence of a liquid futures contract on MCX, the value chain participants are able to hedge this price risk on the MCX platform.
Major mentha oil markets in UP are Chandausi, Sambhal, and Barabanki. Distilled mentha oil is brought into these markets by farmers and producers to commission agents. According to their requirements, mentha processors, crystal manufacturers, and exporters purchase the oil from the market.
The location is approved Multi Commodity Exchange for Mentha Oil. SSIPL warehouses are strategically located around the supply market. SSIPL provides international standard services for storage and handling to its clients at this location. Our services includes warehouse management, transportation, homogenization of Mentha, assaying.
175 +
Years of experience