The global Castor Oil Price Trend is currently exhibiting regional stability with a bullish tilt in early 2026. Following an 11.3% price appreciation in early 2025, Indian FOB prices stabilized at USD 1460/MT in February 2026. The short-term outlook remains firm due to reduced carry-forward stocks and rising demand for bio-based polymers, while the long-term forecast bias is bullish, supported by a 5.7% CAGR.Request Latest Price Data:- www.procurementresource.com/resource-center/castor-oil-price-trends/pricerequest
3?? Market Snapshot (Data Block)
India Price (Feb 2026): USD 1460/MT (FOB Kandla)
USA Price (Sept 2025): USD 1724/MT (CFR Houston)
China Price (Sept 2025): USD 1833/MT (FOB Shanghai)
Market Size (2025): USD 1.45 Billion
CAGR Forecast (2026-2035): 5.7%
Major Producing Regions: India (85%+ share), Mozambique, Brazil
Volatility Level: Moderate-to-High
4?? What is [Castor Oil Price Trend]?
Castor oil is a non-edible vegetable oil extracted from the seeds of the Ricinus communis plant. It is unique among vegetable oils for its high content (approximately 90%) of ricinoleic acid, a hydroxylated fatty acid that provides high viscosity and chemical reactivity. The Castor Oil Price Trend tracks various grades, including Commercial, First Special Grade (FSG), and British Pharmaceutical Grade (BPG).
Technically, castor oil is a versatile bio-based intermediate. Its chemical structure allows for the production of high-value derivatives such as Sebacic Acid, 12-HSA, and Hydrogenated Castor Oil (Castor Wax). The supply chain is highly concentrated, with India serving as the global hub. Key industrial properties include its anti-inflammatory and antimicrobial benefits in pharmaceuticals, as well as its superior lubricity and thermal stability in bio-lubricants and engineering polymers (Nylon 6,10).
5?? Current Price Trend Analysis (2024–2026)
The Castor Oil Price Trend has transitioned from a bearish correction in late 2024 to a supply-tightened recovery in 2026.
2024-2025 Retrospective: In late 2024, prices in India reached USD 1555/MT (FOB). In early 2025, prices saw a 11.3% month-over-month appreciation as concerns grew over reduced carry-forward stocks, which remained below the three-year average.
2025 Movement: By September 2025, prices in the USA settled at USD 1724/MT, while China reached USD 1833/MT. Market sentiment was shaped by a 17.30 lakh tonnes Indian production yield, a decline from the 19.59 lakh tonnes recorded in the previous season.
2026 Pivot: Entering February 2026, export offers from India for First Grade oil are holding steady at USD 1460/MT (FOB). The market reflects a cautious optimism as domestic consumption in India grows toward 18.00 lakh tonnes, tightening uncommitted export volumes.
6?? Key Price Drivers
Raw Material & Seed Supply
India’s total castor acreage for 2025-26 is reported at 8.97 lakh ha, a recovery from the 8.17 lakh ha in 2024-25. However, farmer preference for higher-supported alternative crops continues to limit the production ceiling, keeping seed costs firm.