According to Reuters, castor seed future March contract will decline owing to selling pressure from bear operators.
As of February 7th 2014, on the Rajkot Commodity Exchange castor seeds ready price are quoted at ₹3,882.50 a quintal (₹ 38.9/kg or USD 625/ton)
On the NCDX, castor seeds with a expiry date of March 20, 2014 as of February 10th is being traded at ₹ 4138 a quintal (US$ 665/ton), the previous close was at ₹4077 a quintal (US$ 655/ton)
Studies indicate that the castor oil prices as of February 7, 2014 in Rotterdam is about US$1700/ton (Source: oilworld.ru)
As per the solvent extractors unit of India, castor oil is being exported at ₹830 for 10 kg (US$ 1337/ton). As of January 2014, the castor oil prices have risen by Rs 50 to Rs 9350-9450 per quintal(US$ 1500 – 1521/ton) on increased offtake by consuming industries (Source: Business Standard)
As of February 10th 2014, the castor deoiled cake is ₹4300/ton (US$69/ton)