Castor Oil Prices Index: Trend, Chart, News, Graph, Demand, Forecast
In North America, the Castor Oil market experienced mixed pricing trends throughout the first quarter of 2025. The year began on a stable note in January, as abundant global supply from recent harvests in primary production regions ensured consistent trade flows and helped maintain balanced price levels. Although minor price increases were observed due to logistical disruptions like blank sailings and varying freight charges, these were largely offset by restrained consumption from downstream sectors. Economic indicators pointed to cautious optimism; however, this sentiment did not translate into significant demand from industries reliant on castor oil, such as pharmaceuticals, cosmetics, and industrial chemicals. February marked a noticeable downturn as global availability surged, driven by higher castor seed output in key agricultural hubs. The resulting oversupply, combined with weak demand from North America’s core consumption sectors, triggered a sharp correction in p...