Castor seed futures decline on muted spot cues

Castor seed prices drifted lower by Rs 41 to Rs 4,515 per quintal in futures trading on Dec 13 following trimming of positions by participants in tune with weak physical markets.Castor-Oil-Seeds2

Marketmen said reducing of bets by participants, driven by lower spot markets sentiment, mainly weighed on castor seed prices in futures trade here.

At the National Commodity and Derivative Exchange, castor seed for the most-traded delivery in January contracts slipped by Rs 41 or 0.90 per cent to Rs 4,515 per quintal, in an open interest of 78,980 lots.

More

Castor seed futures slip on weak spot cues

Castor seed prices moved down by Rs 24 to Rs 4,586 per quintal in futures trade last week on cutting down on exposures by participants in line with weak physical markets sentiment.

Marketmen said trimming of holdings by the participants in tune with subdued physical trend mainly influenced castor seed futures prices here in future trading.

At the National Commodity and Derivative Exchange, castor seed for delivery in January declined by Rs 24 or 0.52 per cent to Rs 4,586 per quintal, clocking an open interest of 55,390 lots.

Source

Castor Based Vaseline for Healthy Skin

Doctor Rogers Restore contains only three ingredients — plant-derived glycerin, castor seed oil, and castor wax. Glycerin is a common humectant, and castor seed oil is an emollient that also supposedly decreases inflammation. The wax helps give it that thick, gooey, Vaseline-like texture. RESTORE_ON_SIDE_SQUEEZE_R2_720x

The balm feels softer than Vaseline and stiffer than Aquaphor. It is sold in two different sizes – a bigger one costing $80 and smaller one $30. It is also sold in tube which costs $30.

More

Castor seed futures down by Rs 12 per quintal

Castor seed prices were down by Rs 12 to Rs 4,593 per quintal in futures trading on Dec 6 on trimming of positions by speculators in line with subdued physical market trend.Castor-Oil-Seeds-Traders

Marketmen said the fall in castor seed prices in futures trade to reducing of positions following mounting stocks on increased arrivals amid muted demand from consuming industries in spot markets.

At the National Commodity and Derivative Exchange, castor seed for most-traded delivery in January moved down by Rs 12 or 0.26 percent to Rs 4,593 per quintal, depicting an open interest of 51,630 lots.

Source

Global Undecylenic Acid Market 2017 Key Players – ITOH Oil Chemicals Co. Ltd. ,Jayant Agro Organics ,Hokoku Corporation

Undecylenic acid is an unsaturated fatty acid obtained from castor oil by pyrolysis of riccinoleic acid.

Undecylenic acid is mainly used for the production of Nylon-11 and in the treatment of fungal infections of the skin, but it is also a precursor in the manufacture of many pharmaceuticals, personal hygiene products, cosmetics, and perfumes.undecylenic-acid

Geographically, the Undecylenic Acid market dominance over North America, Latin America, Europe, Asia-Pacific, Middle East & Africa, North America held the majority of the Undecylenic Acid market share in 2017. Rest of the World is likely to have a limited but steady growth in the Undecylenic Acid market.

Source

Global Ricinoleic Acid Market 2017 Key Players – TongliaoTongHua Castor Chemical Co. Ltd. ,NK Proteins ,Liaoyang Huaxing Chemical

Ricinoleic acid, formally called 12-hydroxy-9-cis-octadecenoic acid is a fatty acid. It is an unsaturated omega-9 fatty acid and a hydroxy acid. It is a major component of the seed oil obtained from mature Castor plant (Ricinus communis L.)ricinoleic-acid-61245

Geographically, the Ricinoleic Acid market dominance over North America, Latin America, Europe, Asia-Pacific, Middle East & Africa, North America held the majority of the Ricinoleic Acid market share in 2017. Rest of the World is likely to have a limited but steady growth in the Ricinoleic Acid market.

Source

Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading today after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds-Traders

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

Source

Prepare contingency plan for castor crop: IIOR

Castor (Ricinus communis, L.) occupies an important place in the country’s vegetable oil economy. During recent years, castor has emerged as a commercial crop with immense export potential earning valuable foreign exchange. It ideally suits dryland farming in kharif and with limited irrigations in post-monsoon both in traditional and non-traditional areas.castor-seeds_10421148_250x250

Castor is produced under two contrasting environments in the country viz., irrigated intensive cultivation with high productivity in Gujarat and Rajasthan; and rainfed culture coupled with poor management with very low productivity in Andhra Pradesh, Karnataka, Tamil Nadu, Orissa, etc.

Source

Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds2

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

Source