{"id":783,"date":"2013-12-09T05:08:17","date_gmt":"2013-12-09T05:08:17","guid":{"rendered":"http:\/\/castoroil.in\/b\/?p=783"},"modified":"2013-12-09T05:08:17","modified_gmt":"2013-12-09T05:08:17","slug":"castor-oil-stocks-seen-declining-16-amid-reduced-indian-supply","status":"publish","type":"post","link":"http:\/\/castoroil.in\/b\/2013\/12\/castor-oil-stocks-seen-declining-16-amid-reduced-indian-supply\/","title":{"rendered":"Castor-Oil Stocks Seen Declining 16% Amid Reduced Indian Supply"},"content":{"rendered":"<p>Stockpiles of castor oil, used as a laxative and a lubricant in race-car engines, are set to drop 16 percent by the end of September as lower supply from\u00a0<a href=\"http:\/\/topics.bloomberg.com\/india\/\">India<\/a>\u00a0forces demand rationing, Oil World said.<\/p>\n<p>Global production will slide to a four-year low of 624,000 metric tons in the 2013-14 season through Sept. 30 from 648,000 tons a year earlier, the Hamburg-based oilseed researcher wrote in a report today. Ending inventories will fall to 97,000 tons from 116,000 tons, it showed.<\/p>\n<p>India grows more than three-quarters of the world\u2019s castor seed, and farmers in the country were discouraged from sowing after a record 2011-12 crop pushed down prices, Oil World said in May. China is the biggest importer of castor oil, followed by the European Union and the U.S.<\/p>\n<p>\u201cFor the supplies in 2013-14, it will be decisive to what extent the sharply lower plantings in India will be offset by a recovery of yields,\u201d Oil World said. \u201cWe assume a setback in Indian production and exports of castor oil, necessitating also some rationing of import demand.\u201d<\/p>\n<p>Read the entire story from:\u00a0<a href=\"http:\/\/www.bloomberg.com\/news\/2013-12-03\/castor-oil-stocks-seen-declining-16-amid-reduced-indian-supply.html\">http:\/\/www.bloomberg.com\/news\/2013-12-03\/castor-oil-stocks-seen-declining-16-amid-reduced-indian-supply.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stockpiles of castor oil, used as a laxative and a lubricant in race-car engines, are set to drop 16 percent by the end of September as lower supply from\u00a0India\u00a0forces demand rationing, Oil World said. Global production will slide to a &hellip; <a href=\"http:\/\/castoroil.in\/b\/2013\/12\/castor-oil-stocks-seen-declining-16-amid-reduced-indian-supply\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-783","post","type-post","status-publish","format-standard","hentry","category-castor-oil-market"],"_links":{"self":[{"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/posts\/783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/comments?post=783"}],"version-history":[{"count":1,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/posts\/783\/revisions"}],"predecessor-version":[{"id":784,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/posts\/783\/revisions\/784"}],"wp:attachment":[{"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/media?parent=783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/categories?post=783"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/castoroil.in\/b\/wp-json\/wp\/v2\/tags?post=783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}