Refined Castor Oil


Castor Oil (Ricinus Oil), is a non-volatile fatty oil obtained from the seeds of the castor bean (Ricinus communis) of the spurge family (Euphorbiaceae). Castor Oil is the primary product obtained from Castor Seed. In terms of production, India is the largest producer of castor seed in the world, followed by China and Brazil and 30 other countries. Gujarat, Rajasthan, and Andhra Pradesh are three major castor-producing states in India. India, is also the largest exporter of Castor Oil in the world. India’s contribution is more than 90% of total global exports of Castor Oil. Its main trading partners in this specific sector are China, Europe, Thailand and Japan. Castor Oil is unique among all fats and in terms of its uniformity and consistency.

Castor oil and its derivatives have wide ranging applications in the manufacturing of soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals and perfumes. It is also used for making bio-diesel.

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Uses of Refined Castor Oil
– Castor oil is widely used in different industries like, lubrication, hydraulic brakes fluid, paint, coating, ink, cold resistant plastics, wax and polish, nylon, pharmaceutical, dye, perfume, etc. Castor seed products are gaining importance because of their biodegradable and eco-friendly nature.

Factors influencing the price
– Production and acreage variations
– Monsoon and level of rainfall
– Yield level in other countries
– Prices of other competitive oils like hydrogenated oil, dehydrated oil, sulfated and sulfonated oil etc.
– Demand in importing countries and domestic demand.
– Seasonal price variations
– Carry-over stocks
– Development of new uses of the oil.


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