In view of the coronavirus outbreak, all market yards are closed, all manufacturing units are … The oil is used mainly in medicine, lubrication and preservatives. (2020). Castor Oil Seed Production In 2017, the global average yield of castor oil seed stood at X kg per ha, surging by X% against the previous year. Global castor-oil market will expectedly grow at around 4% down the line. Castor-Oil Plant Market Insights 2020, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Castor-Oil Plant industry with a focus on the Chinese market. •¦_Ž/ý$ÞLB›{8mîfv… ڌʮÐ%ŠÄc()sτq‚¡dl肚¡¤˜Ôν§‹kcOç ®è3ÚV…ŠPˆGP¡É½£Ûý¾®à\òË)\:òDärª,MSiiU*´’(. LQBl¼«èëÙáÛq!ºèúùjOÁàЩ4 `7©lÊýêÝ@™QÝ"—×i§*Ì3üª›%«úýl/ý‘ºá¿ •Ê ¢ånZ;Á®rïoh¾…å¾¾OaäÍ9¿¶úâÝÿÌWhÃmK¼Ñ¶U2§-cTå¸|ÀjNìօb¼_=Gn xÉ)RaêwÃúLùpª3ì‰Píê2­@¬Ö}# Castor Seed Oil Market research report is the new statistical data source added by A2Z Market Research. 2020The Indian Express [P] Ltd. All Rights Reserved. Russia's Vladimir Putin orders mass vaccination against COVID-19 next week, Supreme Court directs Centre to install CCTV cameras in offices of CBI, ED & NIA, Copyright © Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Castor is widely used in the production of technology - from components in hand-held devices to one’s laptop, along with components in the new F-35 fighter jet, space exploration vehicles, energy in the form of renewable clean burning fuels and the production of clean green electricity that can ensure the existence of any … Planting your castor seeds; The best time to plant castor seeds is during the rainy season. With the virus hitting China we are not sure how things would pan out this year. “Castor Seed Oil Market is growing at a High CAGR during the forecast period 2020-2026. However, of late a local bio-technology firm, Oil Castor has been encouraging communal farmers to venture into castor bean production through growing the company’s engineered castor bean seeds. IndiaStat.Com - Find the latest data information of selected state-wise area, production and yield of jute and castor seed in india growth statistics details figures (1950 To 2011). On most occasions, castor seed farmers would sell to Indian oil producers. 60,000 `GN Seed Kernel (Saurashtra) Crushing Quality: Rs. Total production in the state is estimated to be 0.33 lakh tonne during 2019-20 as compared with 0.23 lakh tonne in 2018-19. So the total consumption of castor oil during 2020 was around 750 kt which equals to 1.6 mmt of castor seeds. ac) of seed regularly, and in Brazil yields up to 5,000 kg ha(4,450 lbs ac). The stocks held as on January 31, 2019 was 21,824 MT compared to 15,892 MT as on February 17, 2020. Rs. In terms of productivity of castor in kg per hectare (ha), the estimated average for 2019-20 is 2,389 kg/ha against last year’s estimate of 1,751 kg/ha, an increase of 36%. Rs. Sunflower seeds production volume in India FY 2013-2020 Production volume of groundnut India FY 2013-2020 Rapeseed and mustard production volume in India FY 2013-2020 Under irrigation, experimental tests in the U.S, yields from castor plants exceeded 1,000kg ha (890 lbs. The Pale-colored vegetable-oil is extracted from the seeds of castor plant. The total area under castor in Rajasthan for the year 2019-20 is taken to be 1.542 lakh hectare as per the government’s estimates against last year’s estimate of 1.380 lakh hectare, up by 12%. Last year, the country produced 10.82 lakh tonne of castor seed. Castor Seeds. After falling by over 10 % by January 2020, castor seed prices are expected to fall further by 10-12 %. Currently, castor oil production is predominant in India, China, and Brazil (Gad-Elkareem et al., 2019; Perdomo et al., 2013). The castor seed production per hectare is about 1 ton. Castor Outlook ± January 20 20 Castor is mostly grown in arid and semi-arid regions. According to the survey conducted by ‘Agriwatch’ or Indian Agribusiness Systems, commissioned by the Solvent Extractors Association of India (SEA), castor seed production in Gujarat, a major producer of the commodity, is estimated to be 17.44 lakh tonne in 2019-20, 96% more than 8.89 lakh tonne produced last year. Like us on Facebook and follow us on Twitter. Castor seed output likely to grow by 88%, 3 EoIs for BPCL, says Dharmendra Pradhan; financial bids in February, Phoenix Mills and GIC to develop mixed use retail platform, Steel makers hike hot-rolled coil prices by 6%, Sun Pharmaceutical Industries Share Price, This website follows the DNPA’s code of conduct. The percentage of seed oil content ranges from 40 to 60% and the annual oil production is about 1.8 million tons worldwide (Perdomo et al., 2013). Stock positions of Castor Seed were down by 27.18 percent held at National Commodity Clearing Limited (NCCL) approved warehouses at Bhabhar, Deesa, Kadi and Patan locations. Meanwhile, castor seed prices have fallen due to lower castor oil demand from China amidst the Coronavirus outbreak. Production trend and Stock position: According to Ministry of Agriculture, the sowing acreage of Castor seed as on September 18, 2020 was 7.74 lakh hectares (lh) down by 14.95 percent compared to 9.10 lh during the corresponding period. In rainfed situations, seed priming with 1% Kcl for 3 hours and sowing 7 … Know the latest Castor Seed News, Castor Seed rate, Castor Seed price in India, Castor Seed details on its MCX futures live prices and quotes, charts, calendar spread, premium/discount vis-à-vis spot price, future contract key information, calculators, Live Castor Seed News, Price Chart, Castor Seed MCX Price and Castor Seed … Overall, the farmers are expecting an increase in yield this year due to good monsoon and improved availability of water for irrigation, the survey said. In Rajasthan, the production is estimated to be 2.35 lakh tonne in 2019-20, an increase of 60% from last years’ estimate of 1.47 lakh tonne. What it means is that you will require 1500 castor seedlings for 1 hectare of land. However, Agriwatch’s estimate for Rajasthan’s 2019-20 area under castor stands at 1.766 lakh hectare, an increase of 28% compared to government’s estimated area for 2018-19. “ Castor biomass, ... the production of fermentable sugars from this biomass has been studied for the first time using dilute sulfuric acid pretreatment. 62,000 `GN Seed Kernel (Saurashtra) Crushing Quality: Rs. In a first, Solvent Extractors' Association of India (SEA) has seen castor seed yield doubling from 2,000 kg per hectare to a whopping 4,000 kg per hectare under its castor seed development program in … During the calendar year 2019 castor oil and derivative exports were affected and dropped almost 9% compared to similar period of 2018, Atul Chaturvedi, president, SEA said. The Agriwatch survey pegs the growth at 44%.Major reasons for the increase in acreage this year is higher returns to the farmers of the crop last season and good seasonal rainfall this year in all growing districts. Castor seed is not exported but castor oil and meal are exported. China accounts for roughly 70 % of India’s castor oil exports. India is said to be the world’s largest producer of castor seed and meets most of the ... Mr. Akin Famuyiwa, said, “the money in castor is even more in production of ... 24th November 2020. The chemistry of castor India being the single largest producer oil castor production in the world becomes the major source of castor products. Major export destinations: South Korea, Taiwan … Castor seed production in India is expected to grow 88% to 20.36 lakh tonne in 2019-20 compared to the previous year, according to a survey. Punjab farm subsidy higher than annual income for farmers in rest of country! Castor bean plants can exhaust the soil quickly, and regular fertilization is needed for continuous production of seed. The average yield estimate for 2019-20 surged by around 43% to 1,523 kg/ha from 1,067 kg/ha last year. Check Todays Castor Seed Rate in India on Economic Times. And since the government allows the free export of castor seeds without imposing additional duties (taxes), it’s actually not that hard for countries to import the raw material …