Adani Wilmar Looks To Break India’s High-End Castor Oil Derivatives Jinx

India, the market leader in production and supply of castor seed and castor oil may soon capture a major share in castor derivatives market with companies like Adani Wilmar and Royal Castor Products engaging in second- and third-generation castor seed and castor oil derivatives production and exports.castor-oil-800067

According to industry experts, high technology cost has been the major reason for India in not capturing a large share of the global derivatives market. In the derivatives segment, there is a huge potential for India and focusing more on marketing also could help India shine in castor derivatives market.

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Castor Seed Price Weekly Report: Oct 17 – 21, 2016

CastorOil.in brings you the weekly report of castor seed price at Bombay Commodities Exchange.

Check out the table and the graphical data.

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

Price Date Rupees Per Quintal
17 Oct 3775
18 Oct 3835
19 Oct 3855
20 Oct 3865
21 Oct 3810

Castor Seed Price Weekly Report: Oct 17 – 21, 2016

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Sebacic Acid Market Size to Exceed 130 Kilo Tons By 2023

Sebacic acid size was estimated over 100 kilo tons in 2014 and is likely to exceed 130 kilo tons by 2023. Polyamide application witnessed the highest sebacic Sebacic_acid_3D_ballacid market consumption in 2014 and is likely to gain steady rates over the forecast period.

Shift in trend towards manufacturing biobased polymers from renewable sources is a key driver for the growth of sebacic acid market. Sebacic acid is used in wide applications such as cosmetics, plasticizers, biopolyamides production etc.

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Global Castor Oil and Derivatives Market Expected to Increase by 2020

Castor oil and derivatives market has been growing at a good pace over the past few years on account of growing demand for bio-degradable products.

Recent market study has shown that increasing application scope of castor oil and derivatives in major end-use industries including pharmaceuticals, imagescosmetics & personal care, plastics & resins is expected to drive the castor oil market in future.

Shift in focus towards castor oil and derivatives due to stringent regulation from government boards such as EPA and PNGRB is also likely to create opportunity for market players.

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Castor Seed Price Weekly Report: May 09 – 13, 2016

CastorOil.in brings you the weekly report of castor seed price at Bombay Commodities Exchange.

Check out the table and the graphical data.

The closing price in the last week was Rs. 3250. This week, there was not much change in the price of castor seed. In general, the prices of castor seed had reduced this week, compared to last week.

Price Date Rupees Per Quintal
09 May 3240
10 May 3225
11 May 3215
12 May 3225
13 May 3240

Castor Seed Price Weekly Report: May 09 – 13, 2016

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Castor Seed Price Weekly Report: Apr 18 – 23, 2016

CastorOil.in brings you the weekly report of castor seed price at Bombay Commodities Exchange.

Check out the table and the graphical data.

Price Date Rupees Per Quintal
19 Apr 3200
20 Apr 3200
21 Apr 3225
22 Apr 3225
23 Apr 3250

Castor Seed Price Weekly Report: Apr 18 – 23, 2016

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Castor Declines on Higher Arrival

Castor prices reduced in spot market owing to higher arrival of the seed. However, the castor prices increased in futures owing to hope of rise in demand in the coming Castor-Oil-Seeds2days.

About 1.10 lakh bags of castor seed arrived in Gujarat, while about 4,500 bags arrived in Saurashtra. At the Rajkot Commodity Exchange, the castor June contract increased while the castor spot market decreased.

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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

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