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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NMCE to Offer Deliverable Castorseed Contracts

The National Multi Commodity Exchange of India Ltd (NMCE) has announced modification in the castorseed contract, thereby making it deliverable as per the required market specifications. NMCE had constituted a Trade Advisory Committee (TAC) on castorseed for reviewing all the existing contract parameters of the contract and make them Castor-Oil-Seeds2deliverable.

The changes in the specifications were necessary to achieve wider participation from all the stakeholders. Currently, three futures contracts for November, December and January 2017 are active. The February 2017 series will be offered as per the delivery specifications.

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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 23 – 27, 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. 3200. This week, there was a decrease in the price of castor seed till the end. In general, the prices of castor seed had reduced this week, compared to last week.

Price Date Rupees Per Quintal
23 May 3200
24 May 3175
25 May 3165
26 May 3150
27 May 3150

Castor Seed Price Weekly Report: May 23 – 27, 2016

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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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