| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| 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 |
| Castor Oil | China | CIF | USD 1,435.90/MT | March 2026 |
| Castor Oil | USA | CIF | USD 1,464.62/MT | March 2026 |
| Castor Oil | Netherlands | CIF | USD 1493.91/MT | March 2026 |
| Castor Oil | India | FOB | USD 688.80/MT | March 2026 |
| Castor Oil | Thailand | CIF | USD 1432.36/MT | March 2026 |
Stay updated with the latest Castor oil prices, historical data, and tailored regional analysis
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.
Analyst Insight
According to Procurement Resource, castor oil prices are expected to stabilize as harvest driven supply pressures ease, with downstream demand likely to provide a modest floor heading into Q2.
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| Product | Category | Region | Price | Last Updated Month |
| Castor Oil | Agriculture, Farming and Commodity | India | 1525 USD/MT | October 2025 |
| Castor Oil | Agriculture, Farming and Commodity | India | 1555 USD/MT | December 2025 |
Stay updated with the latest castor oil prices, historical data, and tailored regional analysis
The Indian market for Castor Oil experienced notable volatility throughout the fourth quarter of 2025, reflecting shifting supply-demand dynamics and seasonal factors. The monthly average prices were about 1525 USD/MT (FOB) in October and around 1555 USD/MT in December. The opening period witnessed progressive appreciation as prices climbed from their early-October levels, driven by increased export buying activity and concerns over reduced carry-forward stock levels, which remained below the three-year average. Unseasonal rainfall during the latter part of the monsoon season created uncertainty regarding crop conditions, supporting temporary price strength.
Mid-quarter developments brought peak pricing as market participants responded to these supply concerns, while cultivation area data revealed mixed signals. Although total planting for the season showed modest increases compared to the previous year, with Gujarat and Rajasthan contributing most of the expansion, overall acreage remained below historical averages as farmers favoured alternative crops with higher government support prices. The latter portion of the quarter introduced a gradual softening as industrial demand weakened, and the main harvesting season concluded. Daily seed arrivals stabilized at low levels as available supplies diminished.
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
Customization ScopeThe report can be customized as per the requirements of the customer
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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.
Neha Gawande
Senior Lead Analyst
Delivering procurement intelligence and commodity research across automotive, oil & gas, chemicals, aerospace, and energy, helping sourcing teams decode complex supply chain data to sharpen purchasing strategies and achieve sustainable cost outcomes.
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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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