SIP Markets Essential Oils & Aromatics Contact desk

Peppermint Oil

PEPPERMINTOILEssential Oils & Aromatics1 listed market

Peppermint oil is the volatile oil distilled from the leaves and flowering tops of Mentha x piperita, dominated by menthol and menthone. It is the standard cooling flavour of confectionery, chewing gum, oral care and pharmaceutical preparations, it carries the mint note in tobacco and beverage work, and it is the source from which natural menthol is crystallised. Cornmint oil, from Mentha arvensis, is a related but distinct article, dementholised after crystallisation and traded on its own terms.

Listed peppermint oil markets

Each line is a grade at a delivery point. Open one for its full specification and terms.

Grades

Peppermint is traded on species and on the menthol and menthone pair. Piperita and arvensis are separate contracts, and an oil that has had menthol crystallised out of it is declared as such.

Botanical source and extraction route

11 grades

Species named per ISO 4720 nomenclature, with the plant part and the extraction route declared on the contractSpecies, plant part and route are the first three terms. Oils from related species, or from a different part of the same plant, are separate articles that never settle against one another.

GradeDefinition
Mentha x piperita, peppermintLeaf and flowering top, steam distilledThe ISO product standard article. Native American, Midwest and Willamette selections are contracted by type.
Mentha arvensis, cornmintLeaf, steam distilled, dementholisedA separate article. It is the world source of natural menthol crystal and its residual oil is traded after crystallisation.
Mentha spicata, spearmintLeaf, steam distilledA carvone oil. It never settles against a menthol contract.
DementholisedDeclared, with the residual menthol figureA processed article. The crystal and the residual oil are contracted separately.
Natural menthol crystalDeclared, with the purity and the melting pointA derived article, priced off cornmint oil.
Steam distilledDistilled in steam from the named plant part, with the charge and the run time declaredThe default route for most essential oils. The cut taken off the still is a contract term, because a first cut and a full run are not the same oil.
Rectified or redistilledFractionated after the first distillation to a stated marker contentNamed on the contract, because rectification is what most specification oils are made of.
Folded or terpenelessTerpenes removed to a stated degreeA processed article, sold on its concentration factor.
OrganicCertified under the destination market scheme, distilled and stored on dedicated equipmentNamed with the certifier and the certificate number.
Field or plant identityDeclared, with the growing areaTerroir moves the menthofuran and the menthyl acetate, and the flavour houses contract on it.
Batch and distillation dateDeclared, with the still and the campaign identifiedEssential oils change in the drum. A batch without a date cannot be assessed.

Physicochemical identity

8 grades

Determined on a sample drawn per ISO 212 and prepared per ISO 356, reported on a certificate of analysisThese are the constants that identify the oil. Every one is a number with a method behind it, so a seller at origin and a buyer at destination read the same result.

GradeDefinition
Relative density at 20 degrees CelsiusRange, by ISO 279The first identity check, and the fastest way to catch a carrier oil.
Refractive index at 20 degrees CelsiusRange, by ISO 280Read on a refractometer at a stated temperature.
Optical rotation at 20 degrees CelsiusRange in degrees, by ISO 592The term that separates a natural oil from a synthetic reconstruction, because most synthetics are optically inactive.
Miscibility in ethanolVolumes of ethanol at a stated strength to give a clear solution, by ISO 875Measured, not judged.
Acid valueMaximum, by ISO 1242Rises with age and with poor storage. It is the ageing indicator the trade reads first.
Ester valueRange, by ISO 709Sets the sweet fraction in oils where esters carry the odour.
Appearance and colourAgainst a sealed reference sample, or an instrumental scaleRecorded on the certificate for each batch.
Flash pointDegrees Celsius, closed cupA transport classification term as well as a quality one. It travels on the dangerous goods declaration.

Chromatographic profile

10 grades

Gas chromatography on capillary columns per ISO 7609, read against the chromatographic profile guidance of ISO 11024The marker compounds below are the commercial specification. They are reported as a percentage of total peak area on a stated column, and the column is named on the certificate because the numbers move with it.

GradeDefinition
Menthol, freePercentage of total peak area, rangeThe principal constituent and the source of the cooling effect.
MenthonePercentage of total peak area, rangeThe second defining constituent. The menthol to menthone ratio is the profile the flavour houses buy on.
Menthyl acetatePercentage of total peak area, rangeContributes sweetness and rises with crop maturity.
MenthofuranPercentage of total peak area, rangeA maturity and provenance marker, and a regulated constituent in some end uses.
1,8-cineolePercentage of total peak area, rangeNamed in the ISO product standard.
IsomenthonePercentage of total peak area, rangeReported.
LimonenePercentage of total peak area, rangeReported.
PulegonePercentage of total peak area, maximumRestricted in food and cosmetic use in most destination markets, so the ceiling is a contract term.
CarvonePercentage of total peak area, maximumIts presence indicates spearmint entering the lot.
Full profile against the reference batchEvery peak accounted forThe trace is the specification.

Authenticity and adulteration

8 grades

Tested against a named reference batch and, where contracted, by chiral gas chromatography and isotope ratio analysisEssential oils are among the most adulterated commodities traded. Every clause below is a test with a result, not an assurance.

GradeDefinition
Added synthetic mentholNil, declaredThe commonest adulteration. Caught on the chiral ratio, because natural menthol is a single optical isomer.
Cornmint oil in peppermintNil, declaredRead on the menthol to menthone ratio and on the minor profile together.
Full chromatogram against a reference profileEvery peak accounted for, with the reference batch namedThe whole trace is the specification, not the two or three headline markers. Adulteration hides in the peaks nobody contracted.
Enantiomeric ratio, chiral gas chromatographyRatio of the optical isomers of the named marker compoundsThe definitive test for synthetic addition. A nature identical molecule is still the wrong molecule at the isomer level.
Stable isotope ratio analysisCarbon and hydrogen isotope ratios, by mass spectrometryDetects synthetic and non plant carbon sources. Contracted where the value of the oil justifies it.
Added carrier and diluentNil, declaredVegetable oil, dipropylene glycol, benzyl benzoate, isopropyl myristate and ethanol. Tested for, because the density alone will not catch a small addition.
Cross species and cross grade blendingNil, declaredCheaper related species blended into a premium oil. Detected on the full profile.
ReconstitutionNil, declaredOil rebuilt from isolates to hit a marker specification. It will pass a marker test and fail a full profile.

Contaminants, safety and regulatory

8 grades

Tested against the destination market limits and documented in the batch safety data sheetLimits differ by destination and by end use. The contract names the market and the use, and the batch is tested to both before it ships.

GradeDefinition
Peroxide valueMaximumOxidation is the main quality loss in transit and in store. It is also what turns a benign oil into a sensitiser.
Pesticide residuesMilligrams per kilogram, against the destination market limitsDistillation concentrates lipophilic residues, so the limit is applied to the oil and not to the crop.
Heavy metalsMilligrams per kilogramLead, cadmium, arsenic and mercury.
Phthalates and plasticisersMilligrams per kilogramPicked up from drums, liners and hoses rather than from the plant.
Residual solventMilligrams per kilogram, where the article is an extract or an absoluteNil for distilled oils, and a stated limit for extracts.
Polycyclic aromatic hydrocarbonsMicrograms per kilogramComes from direct fire stills and from smoke contact at origin.
Allergen declarationPercentage of each declarable fragrance allergen presentRequired for cosmetic use in most destination markets. It is calculated from the chromatogram and it travels with the batch.
Safety data sheet and transport classificationIssued for the batch, with the UN number and packing groupA shipping document and a compliance document at once.

Certification, documentation and packing

8 grades

Third party certification schemes, each verified by its own certificate, and packing specified on the contractAny claim below is a contract term backed by a document. If it is not certified, it is not claimed.

GradeDefinition
OrganicCertificate under the destination market schemeEU, NOP, JAS or an equivalence arrangement, named with the certifier and the certificate number.
Fair trade or community benefit schemeCertificate and transaction certificateNamed scheme, with the transaction certificate issued against the specific batch.
Kosher and HalalCertificate from the named authorityTravels with the batch.
Cosmetic and food grade documentationSpecification, safety data sheet, allergen statement and IFRA conformity certificateThe document set is part of the goods. An oil delivered without it is not deliverable.
Non GMO and vegan declarationsDeclarationIssued where the destination market or the customer requires it.
PackingDeclared: aluminium, epoxy phenolic lined steel or high density polyethylene, with the drum size and the net weightThe container is a specification term. Bare steel and unlined plastic will both change the oil.
Headspace and inert blanketingDeclared, with the gas and the fill levelNitrogen blanketing and a full drum are how an oil holds its acid value and its peroxide value across a voyage.
Storage and transit temperatureDeclared, with the range and the monitoring methodCool and dark, evidenced. Where the contract is silent, an arrival dispute over oxidation cannot be settled.

Grades outside this list trade on request. Send us the contract specification you work to and we will price against it.

Locations

CountryRegionWe trade it as
IndiaUttar Pradesh, Bihar, Punjab, UttarakhandOrigin and destination
United StatesOregon, Washington, Idaho, Montana, Indiana, WisconsinOrigin and destination
ChinaJiangsu, Anhui, JiangxiOrigin and destination
BrazilParana, Sao PauloOrigin and destination
ParaguayAlto ParanaOrigin and destination
ArgentinaBuenos Aires, CordobaOrigin and destination
EgyptNile Delta, FayoumOrigin and destination
MoroccoSouss, GharbOrigin and destination
BulgariaThracian plainOrigin and destination
UkraineKherson, PoltavaOrigin and destination
RussiaKrasnodarOrigin and destination
PolandLublin, MazoviaOrigin and destination
FranceProvence, AnjouOrigin and destination
ItalyPiedmontOrigin and destination
SpainCastilla-La ManchaOrigin and destination
GermanyBavaria, ThuringiaOrigin and destination
HungaryGreat PlainOrigin and destination
TurkiyeAegean, AntalyaOrigin and destination
VietnamRed River DeltaOrigin and destination
IndonesiaJavaOrigin and destination
AustraliaTasmania, VictoriaOrigin and destination
CanadaAlberta, OntarioOrigin and destination
NepalTeraiOrigin and destination
ThailandCentral plainOrigin and destination
JapanNationwideDestination
South KoreaNationwideDestination
United KingdomNationwideDestination
NetherlandsRotterdamDestination
SwitzerlandNationwideDestination
SingaporeNationwideDestination
United Arab EmiratesDubaiDestination
MexicoNationwideDestination
South AfricaNationwideDestination
PhilippinesNationwideDestination
Saudi ArabiaNationwideDestination
NigeriaNationwideDestination

Origins and destinations outside this list trade on request. We are not limited to the locations shown here.

Timing

Harvest is when the plant material is cut at origin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is distillation, settling, batch testing and the voyage.

HarvestArrival

OriginJFMAMJJASONDWindow
IndiaHarvestHarvestHarvestArrivalArrivalArrivalArrivalHarvest May to Jul, arrival Aug to NovA single concentrated cutting and distillation campaign, mostly cornmint for menthol crystal. India sets the world menthol price.
United StatesHarvestHarvestHarvest and arrivalArrivalArrivalArrivalHarvest Jul to Sep, arrival Sep to DecPiperita cut in high summer across the Pacific Northwest and the Midwest. The reference origin for flavour grade peppermint.
ChinaHarvestHarvestHarvestHarvest and arrivalArrivalArrivalArrivalHarvest Jun to Sep, arrival Sep to DecTwo cuts in the warmer provinces.
BrazilHarvestHarvest and arrivalHarvest and arrivalArrivalArrivalArrivalHarvestHarvestHarvest Nov to Mar, arrival Feb to JunSouthern warm season cutting.
ParaguayHarvestHarvest and arrivalArrivalArrivalArrivalHarvestHarvestHarvest Nov to Feb, arrival Feb to MaySouthern summer campaign.
EgyptHarvestHarvestArrivalArrivalHarvestHarvestArrivalArrivalHarvest May to Oct, arrival Jul to DecTwo cuts on irrigated Delta land, short voyage into Europe.
BulgariaHarvestHarvestHarvest and arrivalArrivalArrivalHarvest Jun to Aug, arrival Aug to OctSummer campaign, distilled locally.
UkraineHarvestHarvestHarvest and arrivalArrivalArrivalHarvest Jun to Aug, arrival Aug to OctSummer campaign.
FranceHarvestHarvestHarvest and arrivalArrivalArrivalHarvest Jun to Aug, arrival Aug to OctSmall volume, high specification, contracted ahead of the cut.
AustraliaHarvestHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvest Dec to Mar, arrival Feb to MayTasmanian summer cut, out of phase with the northern crop.
ArgentinaHarvestHarvest and arrivalArrivalArrivalArrivalHarvestHarvestHarvest Nov to Feb, arrival Feb to MaySouthern summer cut.
VietnamArrivalArrivalHarvestHarvestArrivalArrivalHarvestHarvestHarvest Apr to Nov, arrival Jan to AugTwo cuts a year in the Delta.

Windows outside this pattern trade on request, including carry, forward positions and stock already sitting in a destination warehouse.

Customs, packing and contract terms

Indicative terms for peppermint oil. Tariff classification is the importer’s responsibility and limits change, so confirm both against the destination customs authority and the current regulation before you fix a contract.

  • HS heading3301.24 Essential oil of peppermint (Mentha piperita)
    3301.25 Essential oils of other mints
  • PackingEpoxy lined steel drums of 180 kg to 190 kg, aluminium drums or bottles for reactive oils, IBCs for volume grades. Full headspace nitrogen blanket, out of direct sun, away from heat.
  • Container loading20ft: 80 drums at roughly 14 t to 15 t. Segregation applies where the oil is classified flammable.
  • Contract and arbitrationSale on specification and retained sample with a GC-MS profile and an IFRA conformity certificate. EFEO and IFEAT trade customs. Arbitration under ICC rules or at the contract seat.
  • Destination limitsIFRA Standards for restricted materials, EU REACH registration above one tonne per year, CLP classification and labelling given that most oils are flammable and many are sensitisers, allergen declaration under the Cosmetic Products Regulation 1223/2009, CITES for sandalwood, agarwood and rosewood oils, and IMDG class 3 shipping for flammable oils.

Common questions

What grades of peppermint oil does SIP Global trade?

We quote 53 published grades of peppermint oil, including Mentha x piperita, peppermint - Leaf and flowering top, steam distilled, Mentha arvensis, cornmint - Leaf, steam distilled, dementholised, Mentha spicata, spearmint - Leaf, steam distilled, Dementholised - Declared, with the residual menthol figure, Natural menthol crystal - Declared, with the purity and the melting point and Steam distilled - Distilled in steam from the named plant part, with the charge and the run time declared. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is peppermint oil graded?

Peppermint is traded on species and on the menthol and menthone pair. Piperita and arvensis are separate contracts, and an oil that has had menthol crystallised out of it is declared as such. Grading runs on 6 systems: Botanical source and extraction route, Physicochemical identity, Chromatographic profile, Authenticity and adulteration, Contaminants, safety and regulatory and Certification, documentation and packing.

Where does SIP Global trade peppermint oil?

We trade peppermint oil in India, United States, China, Brazil, Paraguay, Argentina, Egypt and Morocco and 28 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is peppermint oil harvested and when does it arrive?

Typical windows are India: harvest may to jul, arrival aug to nov; United States: harvest jul to sep, arrival sep to dec; China: harvest jun to sep, arrival sep to dec; Brazil: harvest nov to mar, arrival feb to jun; Paraguay: harvest nov to feb, arrival feb to may. Harvest is when the lot is taken at origin, arrival is when a shipment from that origin lands in a consuming market. Windows outside this pattern, including carry, trade on request.

What is the HS code for peppermint oil?

Peppermint oil is normally classified under HS 3301.24 (essential oil of peppermint (mentha piperita)) and HS 3301.25 (essential oils of other mints). The heading follows the form the goods are in at the border, and national tariffs extend it beyond six digits, so confirm the full line with the destination customs authority before you fix a contract.

How do I get a price for peppermint oil?

Send the grade, the origin and the delivery window to the SIP Global desk. That is enough for a trader to come back with a level and a settlement route. 1 listed peppermint oil market is published on this page, each with its full specification and terms. We take both sides, physical and financial, prompt to long dated.

Standards and data sources

The grading language on this sheet follows published standards. Trade volumes and tariff lines are public record. Verify anything here against the source.

  • ISOInternational Organization for Standardization
  • UN ComtradeOfficial international trade statistics by HS code
  • ITC Trade MapBilateral trade flows and tariff data
  • FAOSTATFAO production and trade series for agricultural commodities

Price this with our desk

Grade, origin and window if you have them. If what you are carrying does not fit the sheet above, describe it in your own words and a trader will take it from there.

Nothing here matches what you are holding? Send it anyway. The sheets cover the markets we publish, not the limit of what the desk will look at.

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