Positive Outlook for Castor Seed

Castor seed futures on NCDEX ended high during the end of last week. Most active April contracts rallied higher to end the week at Rs. 4561 per quintal as against the previous week’s closing of Rs. 4280 per quintal.castoroil-seed

A fall in supply across major markets and rise in demand from domestic traders led to a rally in prices. Domestic crushers increased the purchase in anticipation of rise in export demand for castor oil and castor meal.

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Castor Seed Price Weekly Report: Mar 14 – Mar 18, 2017

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

Check out the table and the graphical data.

Last week, the prices of castor seeds increased throughout the week and was Rs. 4135/quintal at the end of the week.

This week, the market started with a high price and increased throughout the week.

Price Date Rupees Per Quintal
14 Mar 4135
15 Mar 4175
16 Mar 4210
18 Mar 4525

castor seed prices - 14 - 18 mar, 17

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Castor Seed Price Weekly Report: Mar 06 – Mar 10, 2017

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

Check out the table and the graphical data.

Last week, the prices of castor seeds increased throughout the week and was Rs. 3975/quintal at the end of the week.

This week, the market started with a high price and increased throughout the week.

Price Date Rupees Per Quintal
06 Mar 4090
08 Mar 4120
09 Mar 4100
10 Mar 4135

castor seed price weekly report - mar 6 - 10, 17

 

Castorseed Futures Surge by Rs 57 Per Quintal

Castor seed prices flared up by Rupees 57 to Rs. 4337 per quintal in futures trading at the beginning of this week. This was due to the participants, creating huge positions, tracking a firm trend at the spot markets on strong demand. castoroil-seed

At the National Commodity and Derivative Exchange, castorseed for delivery in April climbed Rs 57 or 1.33 per cent to Rs 4,337 per quintal, with an open interest of 1,00,740 lots.

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Castor Seed Price Weekly Report: Feb 28 – Mar 03, 2017

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

Check out the table and the graphical data.

Last week, the prices of castor seeds decreased throughout the week and was Rs. 3825/quintal at the end of the week.

This week, the market started with a high price and increased throughout the week.

Price Date Rupees Per Quintal
28 Feb 3865
01 Mar 3900
02 Mar 3950
03 Mar 3975

Castor Seed Price Weekly Report: Feb 28 – Mar 03, 2017

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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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