Castor Seed Price Weekly Report: March 02 – 06, 2015

CastorOil.in brings you the weekly report of castor seed price at NCDEX.

Check out the table and the graphical data.

A decrease in the price of castor seed was observed at the end of the week.

Price Date Rupees Per Quintal
02 March 3661.35
03 March 3626.45
04 March 3631.65

Castor Seed Price Weekly Report: March 02 - 06, 2015

Source

Castor Seed Price Weekly Report: February 16 – 20, 2015

CastorOil.in brings you the weekly report of castor seed price at NCDEX.

Check out the table and the graphical data.

A decrease in the price of castor seed was observed at the end of the week.

Price Date Rupees Per Quintal
16 February 3850
18 February 3803.45
19 February 3815.65
20 February 3797.5

Castor Seed Price Weekly Report: February 16 – 20, 2015

 Source

Castor Seed Price Weekly Report: February 9 – 13, 2015

CastorOil.in brings you the weekly report of castor seed price at NCDEX.

Check out the table and the graphical data.

A decrease in the price of castor seed was observed at the end of the week.

Price Date Rupees Per Quintal
9 February 3971.75
10 February 3938.35
11 February 3955.25
12 February 3911.35
13 February 3910

 

Castor Seed Price Weekly Report: February 9 – 13, 2015

 

Source

Rajkot Castor Seeds Futures Open- Feb 05

Castor seed future March contract eased in the early trades due to lack of speculative buying.

Castor seed futures, in rupees per 100 kilograms, in the Rajkot market,

According to the Rajkot Commodity Exchange:

March Contract

Today’s open               3,998.00

At 1215 local time         3,991.00

Previous close             3,992.00

Source

Castor Seed Price Weekly Report: January 19-23, 2015

CastorOil.in brings you the weekly report of castor seed price at NCDEX.

A steady decrease in the price of castor seed is noticed this week.

Check out the table and the graphical data.

Price Date Rupees Per Quintal
19 January 4493.5
20 January 4413.6
21 January 4274.65
22 January 4255.15
23 January 4197.7

Castor Seed Price Weekly Report: January 19-23, 2015

Source

Price and Volatility Challenges in Castor Industry

One of the key challenges faced in the castor industry is the price and volatility challenges.

This blog post looks briefly at why this challenge exists and how it affects the industry.

The main reasons for price volatility are:

  • One country dominating production, and one state dominating within the country
    • Drastic changes in area under cultivation owing to unorganized nature of farming
    • Significant changes in seed output owing to natural causes
    • Depleting stocks or surplus stock owing to carry forward
  • Fluctuating demand from export markets – the cause of this is to a certain extent the previous point

Price and Supply volatility can significantly affect the market growth and potential of castor industry as shown below.

castor

 

Castor Seed Price Weekly Report: December 01-05, 2014

Castor seed price had been moving ahead gradually during the week in concern. Yet there was a mild deflation at the end of the week, which is quite an usual scenario.

Check out the table and the graphical data.

Price Date
Rupees per Quintal
01 Dec 4518.9
02 Dec 4572.95
03 Dec 4612.85
04 Dec 4593.75
05 Dec 4591.45

Dec 01 - 05

 

 

 

 

 

 

 

 

 

 

 

Source