Monday, 11 August 2014

Decrease in Crude oil price in International Market and Guar Seed & Guar Gum Prices in 2014-2015

In the Global market crude oil price are at  the lower level . On 4th august it was at six month low.  This price will effect the global energy price and that push  will further put pressure on guar gum prices.  The price fall doesn't give any sign of new investment in the Oil and Natural Gas Industry. Half of current financial has been passed , for the remaining financial year  this is last time for new guar gum demand.


1 Month Crude Oil Prices - Crude Oil Price Chart

Global  crude oil prices during last one month in USD 
( Source link  http://www.infomine.com/investment/metal-prices/crude-oil/1-month/  )

Currently  I am monitoring and analyzing that Guar rate are slowly going up. Investors are advised to keep away from market  this type of  abnormal behavior. as i have discussed earlier that there is no problem on supply side fro guar seed.  There are chances that speculators have again active in the market otherwise I am not seeing any reason  in increase in demand of guar gum and further price rise in this commodity, be cautious.

6 Month Crude Oil Prices - Crude Oil Price Chart

Global  crude oil prices during last one month in USD 
( Source link http://www.infomine.com/investment/metal-prices/crude-oil/6-month/ )

The global demand in oil and natural gas industry can lead toward increase in guar and guar gum prices. In another analysis it has found that oil and natural gas drilling / fracking companies has stoked guar gum for one year so that they can avoid themselves  from unnecessary price fluctuation. There can be minor effect due to USD / INR exchange rate, but the current exchange rate change is not sufficient to effect it. The existing contract will keep going there is low chances of new contracts in market.


1 Year Crude Oil Prices - Crude Oil Price Chart

Global  crude oil prices during last one year  in USD 
( Source link http://www.infomine.com/investment/metal-prices/crude-oil/1-year/ )

1 comment:

  1. hello Mr. Ganesh
    Could you plz advice how Crude oil price directly effect the price of Guar Gum in international market.\
    thanks

    ReplyDelete