The United States selected castor oil as one of the eight strategic materials, and France selected castor oil nylon 1 1 resin production technology as a national top secret. Sesame oil and its deep-processed products, such as nylon 1 1 resin and 12- hydroxystearic acid, are widely used in high-tech fields such as medicine, aerospace, aviation, military, communication, machinery manufacturing and fine chemical industry. The main importers of castor oil in the world are France, the United States, Germany, Britain, the Netherlands and other industrialized countries, accounting for 6 1% of the annual consumption.
According to the investigation of castor market at home and abroad, the shortage of castor is increasing year by year, the demand is increasing year by year, and the price is rising year by year, which has become the best-selling imported product in the market. It is estimated that the global demand for castor oil will reach 6,543,800 tons in 2065.438+05, equivalent to 2.4 million tons of castor oil. The global output of castor oil is only about 600,000 tons, with a big gap. At present, there is no substitute for castor oil. Underground oil and natural gas resources are gradually decreasing, and oil and gas consumption for transportation and life is increasing rapidly. Therefore, the demand for castor oil will increase sharply. Therefore, the price of castor oil in the international market has doubled. If it can enter the deep processing of series products, its value will increase exponentially.
Due to the shortage of castor oil, most enterprises are in a state of suspension or semi-suspension, and many enterprises need to import a large amount of castor oil from India. Therefore, planting ramie not only can't be sold, but also needs to develop ramie planting. Compared with food crops, castor is easy to grow, with less investment and high benefit. In addition, castor has strong adaptability, barren resistance and strong disease resistance, and can be planted in fields and in front of houses, and the cultivation techniques are easy to master. At present, the castor oil planting industry in Malaysia lags behind other Southeast Asian countries, and there are insufficient castor oil planting and development enterprises and processing refineries. However, the geographical and climatic environment in Malaysia is very suitable for planting castor, so I believe that the prospects and advantages of planting castor in Malaysia in the future are infinite.