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Castor Seed News - Castor Seed Price Traded Steady to Firm Tone in Coming Weeks
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Castor Seed Price Traded Steady to Firm Tone in Coming Weeks

Due to lower availability of old stock of Castor seeds, panic selling could be seen as the new season starts from March-2021. Castor seeds price is likely to go down in the month of March when new picking would start. Demand of Castor Oil from China and Europe has slowed down in last couple of weeks is expected to go up gradually in coming week. Meanwhile, as per trade sources, around 15 -16 Lakh tons of Castor seeds will be produced in this season where as Carry over stock of Castor seeds is approx 4 lakh Tons as on 1 January-2021.

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