Procurement Resource provides latest prices of Ricinoleic Acid. 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.
Procurement Resource provides prices of Ricinoleic Acid for several regions around the globe, which are as follows:
About Ricinoleic Acid:
Ricinoleic Acid is also known as a (9Z, 12R)-12-hydroxyoctadec-9-enoic acid in which the 12-hydroxy group has R-configuration. It is also a conjugate acid of a ricinoleate and a fatty acid. It is basically known as an unsaturated omega-9 fatty acid and a hydroxy acid. It is a significant component of the seed oil obtained from mature Castor plant.
Chemical Formula of Ricinoleic Acid:
One of the simplest methods for obtaining Ricinoleic Acid is via the hydrolysis of castor oil. After this, Ricinoleic Acid is finally removed from hydrolysed castor oil by successive addition of urea (i.e., urea complexing)
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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).