New
Delhi. India exported 16542.23 MT castor oil during week ended 24th April-2016
at an averageprice of $1095.69 per MT. It is higher by 187% from previous week.
However, price realization has decreased by 8.67% from last week. The maximum
and minimum prices were registered at $1978.57 and $495.14 per MT. Castor oil
export would continue to stay steady as prices are ruling lower than normal
expectation and availability is higher. Major importers like China followed by
USA and Netherlands are stocking oil, taking advantage of lower price. Even non
regular buyer/consumer like Malaysia is making inventory taking advantage of
lower price.
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