Castor Seed Price Today

The prices of castor seed are mentioned below

Castor Seed Price Today in India

Given in the table below Castor Seed Rate in India for Last 10 Days

Factors Affecting the Price of Castor Seeds

Castor seed prices and those of its derivatives are significantly influenced by the domestic demand and supply situation, crop price competition, cost of production, and current international pricing. Every agricultural crop faces risks from the weather, illnesses, and pests, which also have an impact on the cost of castor seeds in India.

The pricing of castor seeds is further impacted by import and export restrictions, the cost of competing oils, and currency movements. Castor oil alternatives and new applications for the substance may both affect its price.

Cultivation and Production of Castor Seeds

In dry and semi-arid areas, the castor plant is grown; among its top producers are India, Brazil, and China. Castor is grown in thirty different nations, and between 15 and 20 lakh tonnes of castor seed are produced year. Gujarat, Andhra Pradesh, and Rajasthan are the three states that cultivate the majority of the castor seed in India. India is the world's top producer of castor seeds and is crucial to the global

commerce in castor oil. The majority of India's produce is available for export because of the country's low domestic consumption of its castor seed supply. Castor oil is mostly imported from India by China, the US, and Japan.