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    Castor June 2021

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    Energy Alternatives India

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    © All Rights Reserved
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    Castor June 2021

    Uploaded by

    Energy Alternatives India
    5 views9 pages

    Original Title

    Castor_June_2021

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    5 views9 pages

    Castor June 2021

    Uploaded by

    Energy Alternatives India

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    © All Rights Reserved
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    of 9

    CASTOR

    As on 30th June 2021


    CASTOR - ALL INDIA
     Season & Year: Kharif 2020-21
     Area coverage: 7.743 lakh ha (As on 18.09.2020)
     All India average productivity: 1900 Kg/ha
     All India expected production: 14.71 lakh MT
    State 2019-20 2020-21
    Major Castor Growing
    Area States in
    Area % India
    to total Area Area % to total
    (lakh ha) (lakh acres) area (lakh ha) (lakh acres) area
    Gujarat 6.788 16.773 74.59 5.799 14.330 74.89
    Rajasthan 1.52 3.756 16.70 1.39 3.435 17.95
    Andhra
    0.33 0.815 3.63 0.18 0.445 2.32
    Pradesh
    Telangana 0.227 0.561 2.49 0.137 0.339 1.77
    Karnataka 0.056 0.138 0.62 0.078 0.193 1.01
    Odisha 0.044 0.109 0.48 0.035 0.086 0.45
    Others 0.136 0.336 1.49 0.124 0.306 1.60
    All India 9.101 22.489 100.00 7.743 19.133 100
    Source: www.agricoop.nic.in
    CASTOR - TELANGANA STATE
     Season & Year: Vanakalam 2021-22
     Area coverage: 1057 ha (As on 30.06.2021)

    Major Castor Growing Districts in Telangana


    District 2020-21 2021-22
    Area Area % to total Area Area % to total
    (ha) (acres) area (ha) (acres) area
    Narayanpet 2135 5276 36.41 376 930 35.59
    Mahabubnagar 2592 6405 42.01 571 1411 53.99
    Gadwal 206 510 3.03 28 70 2.67
    Wanaparthy 885 2188 14.45 81 202 7.23
    Others 350 865 5.60 0 0 0.00
    Telangana
    State 6169 15244 100 1057 2614 100

    Source: www.agri.telangana.gov.in
    PRODUCTION OF CASTOR IN INDIA (IN LAKH TONNES)

    Source: Directorate of Economics and Statistics (DES) * 3rd Advance estimates


    CASTOR DOMESTIC SUPPLY & DEMAND
    (IN LAKH TONNES)
    2019-20 2020-21
    Opening Stocks 2.30 6.22
    Production 18.42 17.74
    Imports 0.00 0.00
    Total Supply 20.72 23.96
    Consumption 14.50 15.00
    Exports 0.00 0.00
    Total Demand 14.50 15.00
    Ending Stocks 6.22 8.96
    Source: www.agriwatch.com
    STATE WISE WHOLESALE PRICES FOR CASTOR JUNE, 2021
    % Change % Change
    Prices June, Prices May, Prices June, (Over (Over
    State
    2021 2021 2020 Previous Previous
    Month) Year)

    Andhra Pradesh 4291.83 4279.04 3548.31 0.3 20.95

    Gujarat 4965.74 4861.37 3647.3 2.15 36.15


    Karnataka 4594.57 4513.56 3443.07 1.79 33.44

    Madhya Pradesh 2643.29 __ __

    Maharashtra 4412.63 4196.77 3078.26 5.14 43.35

    Rajasthan 4898.04 4848.4 3548.53 1.02 38.03


    Tamil Nadu 3855.56 4315 3500 -10.65 10.16
    Telangana 4096.88 3284.36 __ 24.74
    Source: www.agmarknet.gov.in
    PRICES AND ARRIVALS OF CASTOR IN GADWAL MARKET
    DURING JUNE 2021
    Date Arrival Maximum Minimum Modal price
    (Tonnes) price price (Rs/quintal)
    (Rs/quintal) (Rs/quintal)
    5 2 4770 4610 4770

    8 2 4752 4582 4752

    11 1 4136 4136 4136

    12 1 4822 4822 4822

    14 28 4802 4370 4802

    21 4 4710 4510 4626

    22 4 4702 4420 4702

    28 1 4057 4057 4057

    Source: http://tsmarketing.in
    MARKET INFORMATION

     Due to strong prices of edible oils, the prices of


    castor oil are expected to stay strong.
     Last year between April to May the castor Oil
    export was 1.13 lakh tonnes, which during the
    current year in the same period increased to
    1.31 lakh tonnes.
    .
    CASTOR PRICE FORECAST (JULY 2021)
    Forecast Model ARIMA (110)

    Model Price Forecast Rs. 4562/ q

    Farmers Expectation Rs. 4300-4600 / q

    Traders Expectation Rs. 4200-4500 / q

    Integrated Price Forecast Rs. 4400 – 4700

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