| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Castor Oil | China | CIF | USD 1,537.34/MT | August 2026 |
| Castor Oil | USA | FOB | USD 1,595.52/MT | August 2026 |
| Castor Oil | Netherlands | CIF | USD 1,624.23/MT | August 2026 |
| Castor Oil | India | FOB | USD 726.31/MT | August 2026 |
| Castor Oil | Thailand | FOB | USD 1,517.15/MT | August 2026 |
| Castor Oil | China | CIF | USD 1,514.62/MT | July 2026 |
| Castor Oil | USA | FOB | USD 1,567.31/MT | July 2026 |
| Castor Oil | Netherlands | CIF | USD 1,598.65/MT | July 2026 |
| Castor Oil | India | FOB | USD 721.26/MT | July 2026 |
| Castor Oil | Thailand | FOB | USD 1,502.13/MT | July 2026 |
Stay updated with the latest Castor Oil prices, historical data, and tailored regional analysis
In India, the average price of Castor Oil was ~USD 721.26/MT (FOB) in July and ~USD 726.31/MT in August, showing a marginal increase. Thailand recorded a similar trend, with average prices rising from ~USD 1,502.13/MT (FOB) to ~USD 1,517.15/MT. India supplies most of the world's castor oil exports, so its market sets the direction for global prices. Through July and the first half of August, prices held steady, as the full extent of the poor sowing season was not yet clear. By mid-August, official data showed castor had been planted on only 53% of its normal area in Gujarat, the main growing state, while groundnut and soybean were planted above their normal areas. This shift in farmland raised concerns over next season's seed supply and pushed castor seed prices higher. Crushers passed these higher costs on, and castor oil prices climbed steadily from late August through September in both domestic and export markets.
Analyst Insight
According to Procurement Resource, in the near term, castor oil prices are likely to stay firm, as tight seed supply from the weak crop continues to support crushing costs.
Related Report
Need Latest Castor Oil Prices?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Our Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
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.
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
Post-Sale Analyst Support360-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.
Castor oil is obtained by screw pressing dehulled and cleaned castor seeds. The seeds are cooked, dried, and then pressed to extract the oil.
Our Price Analysis Methodology
Senior Business Insights Analyst
Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
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.
Hydrogenated Castor Oil Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply–demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
