CASTOR SEED OverviewCastor plant (Ricinus communis) is grown in arid and semi-arid regions. It is cultivated in 30 different countries on a commercial scale, of which India, China, Brazil, Russia, Thailand, Ethiopia, and Philippines are major castor seed growing countries which accounts for about 88% of the world’s production. In India it is a Kharif crop, sowing in July-August and arrivals from December onwards till March. Gujarat is the chief producing state, having a share of 86% of domestic production, followed by Andhra Pradesh and Rajasthan. Bag packed of castor seed contains 75kg by weight. Uses of Castor Seed Castor Oil a derivative of Castor Seed is used in manufacturing of soaps, lubricants, hydraulic brake fluids, paints, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals, dyes and perfumes etc.It is used either in crude form or in the refined hydrogenated form.Sebacic acid & 12 HAS, important derivatives of Castor Seed have varied applications in China. Factors influencing the price Production & Acreage VariationsMonsoon & Level of rainfallSeasonal price variationsCarry-over stocksExport demand of castor oil & new uses of the oilDemand in importing countries and domestic demandShifting cropping patterns. Buy option