Sunday, 3 August 2014
Expectation of normal guar seed crop production in 2014-2015 and Guar Seed & Guar Gum Prices in 2014-2015
Expectation of Normal crop
Recovery in Monsoon will lead to a normal guar seed crop in year 2014-2015 as per current climatic condition. Rain fall is good in Guar growing belt. Early sown crop will be befit from it and will recover from drought condition. New crop will start to come in market after mid of October. Delay in monsoon has increased Guar sowing in irrigated area. Irrigated area work as a insurance of good production for Guar Crop. At other side late rainfall increased the late sowing in rainfed area of Chrur, Hanumangarh, Ganganagar, Bikaner, Jodhpur, Nagor and Jaisalmer.
Initial delay in monsoon weakened the guar seed crop production.but it improved significantly. Shadow of poor monsoon will effect the production of guar seed but it will not effect the business of guar seed and guar gum. If monsoon keeps going as it is right now , then it is expected that in this year 2014-2015 , there will be production of 18,00,000 MT (18 Millions Bags of 100 Kg. each) ) of Guar seed. Though this production is not sufficient to cover the expected total demand of year 2014-2015 but carry forward stock of last year will make it surplus amount to fall in the price of guar seed and guar gum in year remaining period of year 2014-2015 .