Castor Market Report November 2022
Diwali is over. We are now going into the end of the season – normally November – end February each year. Seasonally stocks are tighter in this period as more than 60% of the seed has been processed and shipped from India. The acid value is going up and the water content of the oil as well. The year 2022 was expected to be tight in supply, but due to lower demand there is no shortage expected at the end of the season. Expectations about the carry over by end of December are varying.
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