Bangladesh Market Access — Now Duty Free
Bangladesh imports castor oil for its growing manufacturing sector, particularly for the textile and leather industries. Demand is primarily for commercial-grade castor oil.
🇧🇩 SAFTA: Preferential Access
Under the South Asian Free Trade Area (SAFTA), Indian agricultural exports to Bangladesh enjoy preferential tariff rates of 0-5%, significantly below MFN rates. Bangladesh is one of India's largest trading partners for spices and seeds.
| Parameter | Details |
|---|---|
| Moisture | Maximum 0.5% |
| Acid Value | 175-185 |
| Iodine Value | Maximum 5 |
| Color | White to off-white flakes |
| Melting Point | 76-80°C |
| HS Code | 1515.30 |
| Import Duty (Bangladesh) | 0-5% (SAFTA preferential) |
12-HSA (12-Hydroxystearic Acid) — For Bangladesh Industry
12-Hydroxystearic Acid is a saturated C18 fatty acid derived from hydrogenated castor oil. Available in flake and powder forms. Critical raw material for manufacturing lithium-based greases used in automotive and industrial applications. Also used as an activator and internal lubricant for natural and synthetic rubbers. India is a major global supplier of 12-HSA.
Shipping to Chittagong
- 20ft containers (16-18 MT) or 40ft containers (22-24 MT)
- Lead time: 5-8 days from Kandla to Chittagong
- Flexi-bags (18-20 MT), 200kg steel drums, or ISO tank containers (21-23 MT)
- Weekly sailings via major carriers
- Full documentation: Certificate of Origin (SAFTA), Commercial Invoice, Packing List, Bill of Lading, Phytosanitary Certificate, COA
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Pricing & Value
With the SAFTA reducing import duty, Bangladesh buyers now save on landed cost compared to pre-FTA pricing. 12-Hydroxystearic Acid is a saturated C18 fatty acid derived from hydrogenated castor oil. Available in flake and powder forms. FOB Kandla pricing includes fumigation and phytosanitary certification. Volume discounts available for quarterly contracts. USD pricing standard. TT in USD. LC through Bangladeshi banks accepted with confirmed LC from international bank.
Frequently Asked Questions
How does the SAFTA affect castor oil import duty to Bangladesh?
Under the South Asian Free Trade Area (SAFTA), Indian agricultural exports to Bangladesh enjoy preferential tariff rates of 0-5%, significantly below MFN rates. Bangladesh is one of India's largest trading partners for spices and seeds. Certificate of Origin per SAFTA rules required for preferential tariff.
What is the difference between FSG and BSS grade castor oil?
FSG (First Special Grade) has lower acid value (max 1.0) and lighter color (Gardner 1-2) compared to BSS (British Standard Specification) which allows acid value up to 2.0 and Gardner color up to 3. FSG is preferred for pharmaceutical and cosmetic use. BSS is suitable for industrial applications.
What is the lead time to Chittagong?
5-8 days ocean transit from Kandla. Castor oil is shipped in flexi-bags inside 20ft containers (18-20 MT per container) or in ISO tank containers for larger volumes. Add 3-5 days for customs clearance.
Can you supply bulk castor oil in ISO tank containers?
Yes, we supply castor oil in 20ft ISO tank containers (21-23 MT per tank) for large-volume buyers. Also available in flexi-bags (18-20 MT per 20ft container), 200kg steel drums, and IBC containers (1000L).
What are your payment terms?
LC at sight, 30-60 day LC, CAD, and TT accepted. Castor oil pricing follows NCDEX/global commodity rates. We can offer price-lock contracts for up to 90 days. USD pricing standard. TT in USD. LC through Bangladeshi banks accepted with confirmed LC from international bank.
Do you provide REACH and MSDS documentation?
Yes, full REACH registration documentation, Material Safety Data Sheet (MSDS/SDS), Certificate of Analysis (COA), and Certificate of Origin provided with every shipment. For EU imports, we also provide EUR.1 form for FTA preferential tariff.