NTPC Green Energy tendered a water demineralisation plant for its planned 7GW green hydrogen-based chemicals hub in Andhra Pradesh. The project targets 2.5 million tonnes per year of hydrogen-based chemicals, adding substantial future green hydrogen supply and likely easing price pressure.
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.
The Hydrogenated Castor Oil prices in 2025 recorded a mixed trend, an outcome of the supply and demand balance in India, a country known for being the world's largest castor oil producer. Prices gradually increased in the first quarter, a result of a strong castor seeds base, as well as consistent domestic buying. Processing continued at a consistent level, and moderate domestic demand also contributed to a strong balance in prices. However, later in the quarter, prices slightly decreased as stock levels increased, as well as a decrease in both domestic and export demand. The Hydrogenated Castor Oil prices in the second quarter recorded a moderate increase, mainly in the USA and China, where strong domestic demand contributed to increased prices. However, in India, prices were balanced as supplies from key producing countries were consistent.
In the third quarter, the market recorded a declining trend. This was because of increased sowing, along with moderate inflows from Gujarat and Rajasthan, which ensured sufficient availability, whereas export activity was subdued. Industrial demand was moderate, maintaining a softening trend. In the fourth quarter, the market was volatile. There was an increase in prices initially because of export purchases and apprehensions of low stocks carried over. However, prices normalized after harvesting was over, along with moderate industrial demand. Thus, 2025 ended on a moderate trend.
Analyst Insight
According to Procurement Resource, the prices of Hydrogenated Castor Oil will remain steady, whereas occasional fluctuations will be seen based on seed availability and export.
Related Report
Need Latest Hydrogenated 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 the second half of 2024, the price movement of Hydrogenated Castor Oil was rather variable, mainly due to the changing market scenario in India, the primary raw material market. In the third quarter, the prices remained flat as suppliers tried to maintain stock levels to ensure the supply chain. Subsequently, as the supply from India reduced due to lower output from the principal growing areas, the market experienced pressure from the reduced supplies. The North American and European markets, which are import-dependent, also had to compete for the available supplies, hence driving the prices of hydrogenated castor oil higher.
Despite these upward forces, favorable weather in certain areas and improvements in processing efficiency helped temper the overall price increase. The downstream industries, which include cosmetics, lubricants, and pharmaceuticals, have maintained steady demand, but the purchase behaviour has been conservative, which has not caused any major price movements. The prices have eased slightly in the fourth quarter, considering the constraints in India, which were offset by steady demand. The issues in transportation and crop risks have affected the market. Overall, hydrogenated castor oil prices remained within a defined range, reflecting both supply disruptions and managed consumption patterns.
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.
Lubricant Additive, Cosmetics Manufacturing, Coating and Grease Formulations, Wax Compound, Polymers and Plastics Production, Surfactant, Release Agent
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.
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.
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.
Our Price Analysis Methodology
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
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?
Europe & Africa
+44 7573 171117
Sales@procurementresource.com
USA & Canada
+1 307 363 1045
Sales@procurementresource.com
APAC
+91 8850629517
Sales@procurementresource.com
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.
