Rising U.S. demand for Korean cosmetics, fueled by retail expansion and social media, is accelerating. The category's lower price points compared with prestige skincare risk pulling down average spending in the cosmetics market as consumers shift toward more affordable options.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Castor Oil | China | CIF | USD 1,441.77/MT | May 2026 |
| Castor Oil | USA | FOB | USD 1,470.61/MT | May 2026 |
| Castor Oil | Netherlands | CIF | USD 1,500.02/MT | May 2026 |
| Castor Oil | India | FOB | USD 675.47/MT | May 2026 |
| Castor Oil | Thailand | FOB | USD 1,438.22/MT | May 2026 |
| Castor Oil | China | CIF | USD 1439/MT | April 2026 |
| Castor Oil | USA | CIF | USD 1468/MT | April 2026 |
| Castor Oil | Netherlands | CIF | USD 1,497/MT | April 2026 |
| Castor Oil | India | FOB | USD 674/MT | April 2026 |
| Castor Oil | Thailand | CIF | USD 1,435/MT | April 2026 |
Stay updated with the latest Castor oil prices, historical data, and tailored regional analysis
In India, Castor Oil prices were ~INR 63.97/kg in April and ~INR 64.17/kg in the subsequent month, showing a ~0.3% increase. The slight rise was mainly driven by tighter castor seed availability and steady export movement. India exported 74,542 MT of castor oil in April 2026, compared with 73,585 MT in April 2025, keeping Kandla supply firm. At the feedstock level, castor seed production fell to 17.86 lakh tonnes in FY 2025-26 from 19.59 lakh tonnes a year earlier, which reduced supply comfort for crushers and exporters. In the United States, Castor Oil prices were ~USD 1,467.67/MT in April and ~USD 1,470.61/MT in the following month, showing a ~0.2% increase. U.S. prices followed Indian replacement cost pressure, as the market depends heavily on imported castor oil. However, demand-side support was limited because May manufacturing output was flat, chemical products fell 1.0% month-on-month, and construction spending was 1.5% below the previous year.
Analyst Insight
According to Procurement Resource, in the near term, castor oil prices may remain firm if Indian seed availability stays tight. Softer chemical and construction demand in importing markets could limit sharper gains.
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The prices of Castor Oil in India witnessed a significant decrease of 6.2% during Q1 2026 as prices declined from Rs. 139.73/kg (FOB) in January to Rs. 134.24/kg in March as the domestic harvest season gained momentum and substantially larger quantities of fresh Castor Seeds entered the market. The continuous increase in fresh Castor Seeds received at farms directly resulted in increased feedstock availability for oil processing units, thereby increasing processing activity and consequently crude Castor Oil production in prominent locations in Gujarat and Rajasthan.
This sustained rise in domestic supply created a persistent overhang that consistently outpaced concurrent demand signals. On the demand side, procurement activities from the paint industry and industrial lubricant manufacturers remained relatively stable and provided some support to prices; however, demand remained insufficient to soak up the increase in Castor Oil supply.
Castor oil or Ricinus Oil is a vegetable oil derived from Ricinus communis, a common plant native to the Eastern regions of the world. It is a viscous oil that appears to be clear, colourless to amber or greenish and has a subtle distinct smell. It is widely known for its laxative properties and has many other applications.
C57H104O9
In the production of hair oils, cosmetics, fungistatic (fungus-growth-inhibiting) compounds, paints, cold-resistant plastics, printing inks, embalming fluid, dyeing aids, soap, lubricants, perfumes, pharmaceuticals, waxes, greases and hydraulic brake fluids, and textile finishing materials; as a food preservative, additives, and flavouring; in packaging, and mould inhibitors of food items.
Castorbean oil, 8001-79-4, Ricinus oil, Oleum Ricini, Oil of palma christi, Ricinus communis oil, Tangantangan oil, Cosmetol, Crystal O
HOKOKU Co., Ltd, Jayant Agro-Organics Limited, Thai Castor Oil Industries Co., Ltd., Tongliao Tonghua Castor Chemical Co., Ltd., Taj Agro Products Limited, Kanak Castor Products Pvt., Ltd., Liaoyang Huaxing Chemical Co., Ltd.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Castor oil is obtained by screw pressing dehulled and cleaned castor seeds. The seeds are cooked, dried, and then pressed to extract the oil.
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The study offers a detailed cost analysis of Ricinoleic Acid Production from Castor Oil via Biotransformation. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
The Study Offers a Detailed Cost Analysis of Castor Oil Production Via Screw Pressing. In Addition, the Report Incorporates the Manufacturing Process With Detailed Process and Material Flow, Operating Costs Along With Financial Expenses and Depreciation Charges.
This report presents a detailed cost analysis of sebacic acid production from castor oil and sodium hydroxide. The process examined is a typical caustic oxidation process.
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