What is the price of castor oil per kilogram/pound in China today?
The retail price range for China castor oil is between US$ 2.01 and US$ 3.16 per kilogram or between US$ 0.91 and US$ 1.43 per pound(lb). Click here to see today's exact prices of castor oil in China
The retail price range in Yuan Renminbi for castor oil is between CNY 14.09 and CNY 22.14 per kilogram or between CNY 6.39 and CNY 10.04 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China castor oil is between US$ 1.41 and US$ 2.21 per kilogram or between US$ 0.64 and US$ 1.00 per pound(lb).
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China Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from China over the last five years has been relatively stable. In 2017, the price was 2.39 US dollars per kilogram, followed by 2.56 US dollars per kilogram in 2019. The highest price was 3.17 US dollars per kilogram in 2018, while the lowest price was 1.80 US dollars per kilogram in 2020. Based on the data, it is predicted that the export price per kilogram of Castor Oil from China in 2023 will be around 2.30 US dollars and in 2024 will be around 2.60 US dollars.The castor oil exports from China are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
China Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into China over the last five years has been quite volatile. In 2017, the price was 2.39 US dollars per kg, followed by a slight increase to 3.17 US dollars per kg in 2018. However, in 2019, the price dropped to 2.56 US dollars per kg and further decreased to 1.8 US dollars per kg in 2020. The price then rose to 2.0 US dollars per kg in 2021 and further increased to 2.52 US dollars per kg in 2022. Based on the current trend, it is predicted that the import price per kilogram of Castor Oil into China will be 2.64 US dollars per kg in 2023 and 2.76 US dollars per kg in 2024.Export values for China castor oil
The total values in export for castor oil in China were US$ 142, US$ 160, US$ 152 and US$ 164 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Asia: Kazakhstan castor oil, Kyrgyzstan castor oil, Tajikistan castor oil, Turkmenistan castor oil, Uzbekistan castor oil, China castor oil, Hong Kong castor oil, Macao castor oil, North Korea castor oil & Mongolia castor oil.
China castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 64 tonnes of castor oil. Through 2019 alone, the market for China castor oil (processed category) has surged, changing by 33.333 percent compared to the year 2018. Between 2017 and 2019, castor oil's exports went down by -4.48 percent earning the exporter US$0.16m for the year 2019. China's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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China castor oil export values
In 2019, China supplied castor oil valued at 0.16m USD, an increase of 5.26% from 2018's total castor oil export of 0.152m USD. The yearly change in value of China castor oil between 2017 to 2018 was -5 per cent.
The yearly change in the quantity of China's castor oil exports between 2017 and 2019 was -4.48 percent in comparison to a variation of 33.333% in the period between 2018 and 2019.
Export markets for China castor oil ( in '000$ )
China's best performing destinations for castor oil are Nigeria, South Africa, Vietnam, Uzbekistan and Chile.
China bought 252,368 tonnes of castor oil in 2019.