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Castor Meal Prices Jun-July 08

(Indicative Commodity Prices in US$ PMT FOB port, India)

31st July - US$ 130-132
The meal prices showed some positive movement this week.

25th July - US$ 127-129
The prices of castor seed were down by almost 3% so the meal prices too came down accordingly. The demand for castor oil had pushed the seed prices up.

21st July - US$ 130-132
Though the prices of castor seed are up by 9% during the period, the meal is getting offered on the same rate as the demand for crushing is leading to excess supply of meal.

11th July - US$ 130-132
Though the prices of castor seed are up by 3% during this week due to good demand for crushing the prices of its meal are dropping down due to decreased demand. The export of castor meal for the first quarter April-June 08 has shown drop of more than 50% with South Korea importing more than 90% of total Indian export.

4th July - US$ 135-137
After touching the 150 level the prices dropped with increased supply and low demand.

26th June - US$ 140-142
The prices of castor seed rose due to good crushing demand to produce castor oil so the supply of meal too increased in market depressing prices.

16th June - 150-152

Though castor meal is not a feed meal which all have moved upwards, it too went north due to increased prices of castor seed. Castor seed prices have almost increased by 6% in this month.

12th June - US$ 140-142

No changes. The castor meal prices tend to stay stable at one level before moving upwards or downwards.

6th June
Castor Meal - US$ 140-142

3rd June
Castor meal - US$ 135-137
The prices remain uchanged. There is not much speculative trading in oilmeals so prices do not fluctuate much.

Castor Meal Price Archives |Aug|Jun-Jul|Apr-May| For latest prices of Castor Meal

 

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