Average Castor Seed Prices – Dec 2017 – (US $702/MT); Average Castor Oil Prices – Dec 2017 – (US $1484/MT); Average Castor Meal Prices – Dec 2017 – (US $72/MT)

CastorOil Blog

Castor Oil Industry Reference & Resources – CastorOil.in

Home Consulting Blog Castor Prices Forum Report Castor Companies About Us Contact Us
  • Castor Crop Info
    • Castor Cultivation
    • Castor Crop Growth
    • Castor Harvesting
    • Castor Yields
  • Castor Oil Extraction
  • Castor Oil Research
  • Castor Oil Glossary
  • Emerging Castor Oil Applications
    • Castor Oil for Biodiesel
    • Castor Oil for Cosmetics
    • Castor Oil in Medicine
    • Castor Oil Based Nylons
    • Castor Oil Based Polyurethanes
    • Castor Oil for Lubricants
  • Castor Oil Derivatives
  • Consulting
    • Castoroil products consulting

Post navigation

← Previous Next →

Castor prices may see recovery on export demand

Posted on June 20, 2018 by Gayathri

Castor seed prices, which had largely remained bullish last year since the commodity resumed trading at the exchange in January 2017, have been weakening since the beginning of this year. From the current low, market expects some recovery in the coming months due to export demand.

In January 2017, when castor started trading again on the exchanges after one year, prices were around Rs 3,800 per quintal. The opening price of the contract was Rs 3,851 per quintal on National Commodity and Derivatives Exchange and Rs 3,832 per quintal on Multi-Commodity Exchange.Castor-Oil-Seeds2

Due to lesser acreage, the production had come down last year. Lower remuneration due to subdued prices in the previous year and good monsoon had made farmers to shift to other crops like groundnut, mustard and soybean. The production came down to 1.06 million tonnes. Production, in fact, has been dropping for the previous 5 years from 2.2 million tonnes in 2011-12.

Source

This entry was posted in Castor Prices and tagged castor prices by Gayathri. Bookmark the permalink.

View more..

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Tags

Arkema biodiesel castor Castor Based Nylon castor bean castor biodiesel research castor cosmetics Castor Crop castor cultivation Castor Derivatives castor fuel castor india castor market castor meal castor oil castor oil china castor oil companies castor oil derivatives castor oil market Castor Oil Plastics castor oil polyurethanes castor oil research castor plant CASTOR PLASTICS castor polyamides Castor Polymers castor polyols castor prices castor project Castor Research castor seed castor seed futures castor seeds Castor Seeds Price Castor toxicity castor yields India Market NCDEX prices ricinoleic acid SEA Sebacic acid undecylenic acid Weekly Price Report

About CastorOil.in

CastorOil.in ( http://www.castoroil.in/ ) provides comprehensive resources related to castor plant, castor bean, castor oil, castor derivatives & castor-based oleochemicals. In addition to details and resources, CastorOil.in also provides over five hundred web links to the various aspects of the castor crop and castor oil.

Proudly powered by WordPress

Useful links

CLIMAX - Climate Innovation | C2V: CO2 to Value - Guide - Insights