India produces 70% of the total castor in world. Of this, about 90% is being exported. The demand for exports is not limited to the seed alone, castor oil derivatives are as popular in markets abroad, say sources in the industry.
Right from the beginning of the season when arrivals were just 25,000 bags in February, 60,000 tonne castor oil has already been exported to Europe and approximately 16,000 tonne castor oil has reached China and Indonesia.
Though the demand from China can be correctly estimated once the earthquake scenario is clear, but last year China and Indonesia sourced 80,000 tonne of castor oil. Meanwhile the total exports from the country stood at 3.10 lakh tonne in 2014.
Higher demand from the US, China and Europe has resulted in the higher prices for castor. The commodity and its derived oil is increasingly being used in applications like paints, lubricant industry and even pharmaceuticals.
Contant Us
Phone: +86-371-5677 1823TEL: +86 158 3826 3507
Skype:sophia.zang1
Email: oilmachine@doingoilmachine.com
Service Online Get price
News
Edible Oil Extraction Plant Products
Pretreatment/Press Process
Batch edible oil refinery
Vegetable oil refinery process
Vegetable oil refining methods
Cooking oil refining process introduction
Automatic corn germ oil refining process
Sunflower oil refining machine technology
What’s the process of Edible oil Refining?
Oil Extraction Process
Process of soybean oil extraction
DTDC---Desolventizer Toaster Dryer and Cooler in solvent extraction of vegetable oil
Vegetable oil solvent extraction machinery introduction
Corn germ oil solvent extraction machine
Oil solvent extraction plant introduction
Soya bean oil solvent extraction plant
Peanut/groundnut oil extraction process
Solvent extraction process
Sunflower oil extraction machine
Oil Refining Process
Peanut/groundnut oil press production line
Big capacity oil press machine
Palm kernel oil expeller
Oilseed pretreatment & pressing machines introduction
Screw oil press machine
Small scale palm oil extraction machine
Sunflower screw oil press machine
Small scale oil mill plant
New-type hydraulic Oil Press
Winterization/fractionation/dewaxing
Introduction of vegetable oil dewaxing/winterising
Dewaxing of sunflower oil
Cooking corn germ oil dewaxing machine
Maturing tank/maturator
Heat discharging filter - filter mainly used in large scale process
Crystallizer/crystallizing tank
Oil Mill Solutions
Oil fractionation equipment
Stripping tower
Introduction of vegetable oil dewaxing/winterising
Dewaxing of sunflower oil
Cooking corn germ oil dewaxing machine
News/Indian exports boost castor oil price
Indian exports boost castor oil price
Right from the beginning of the season when arrivals were just 25,000 bags in February, 60,000 tonne castor oil has already been exported to Europe and approximately 16,000 tonne castor oil has reached China and Indonesia.
Though the demand from China can be correctly estimated once the earthquake scenario is clear, but last year China and Indonesia sourced 80,000 tonne of castor oil. Meanwhile the total exports from the country stood at 3.10 lakh tonne in 2014.
Higher demand from the US, China and Europe has resulted in the higher prices for castor. The commodity and its derived oil is increasingly being used in applications like paints, lubricant industry and even pharmaceuticals.
Leave A Message