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Hydrogenated Castor Oil Price Trend and Forecast
Hydrogenated Castor Oil Price Trend and Forecast
Hydrogenated Castor Oil Regional Price Overview
Get the latest insights on price movement and trend analysis of Hydrogenated Castor Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Hydrogenated Castor Oil Price Trend for Q1 of 2024
Hydrogenated castor oil as the name suggests is a product of the hydrogenation of castor oil. Thereby, there is not much difference found in the price patterns of both castor oil and hydrogenated castor oil. During the first quarter of 2024, the hydrogenated castor oil market experienced oscillations attributed to various factors.
Hydrogenated Castor Oil Price Chart
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Regionally, too, a great deal of variation was seen as some regions limited import volumes because of logistical challenges, while others faced challenges of surplus stocks available for export. India saw a steady incline in overall castor oil production during the said period; however, the muted trade sentiments in the international markets kept the offshore purchases at undesirably low levels. Consequently, domestic hydrogenated castor oil prices saw a marginal decline as supplies started pressurizing inventories. Overall, the Indian castor oil market exhibited a lukewarm performance characterized by uncertainties and varied market conditions.
Analyst Insight
According to Procurement Resource, after the mellow performance in the given quarter, the Hydrogenated Castor Oil prices are likely to improve in the coming months.
Procurement Resource provides latest prices of Hydrogenated Castor Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About Hydrogenated Castor Oil
Hydrogenated castor oil is derived from castor oil through a hydrogenation process that alters its chemical structure. This modification enhances its stability, viscosity, and shelf-life, making it suitable for various industrial and cosmetic applications. It acts as an emulsifier, surfactant, and thickening agent in formulations such as creams, lotions, and soaps. Hydrogenated castor oil improves texture and consistency while providing moisturizing properties. It is valued for its ability to create stable emulsions and enhance the overall performance of personal care and cosmetic products.
Hydrogenated Castor Oil Product Details
| Report Features | Details |
| Product Name | Hydrogenated Castor Oil |
| Industrial Uses | Lubricant Additive, Cosmetics Manufacturing, Coating and Grease Formulations, Wax Compound, Polymers and Plastics Production, Surfactant, Release Agent |
| CAS number | 8001-78-3 |
| HS Code | 15162039 |
| Supplier Database | NK Industries, Hokoku Corporation, Kanak castor Products, Girnar Industries, Xingtai Lantian Fine Chemicals Ltd., Kokura Gosei Kogyo Ltd., ITOH Oil Chemical Ltd., Adani Wilmar, Krishna Antioxidants Pvt. Ltd., Thai Castor Oil Industries Ltd. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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.
Hydrogenated Castor Oil Production Process
- Hydrogenated Castor Oil Production by catalytic hydrogenation reaction.
The production process is initiated by the chemical reaction between castor oil and hydrogen, where the hydrogen is blown through the content of castor oil. The reaction is carried at a high temperature ranging between 125 to 135 °C, resulting in the hydrogenation of castor oil and producing white-waxy solid hydrogenated castor oil as the final product.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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