Sunday, 3 August 2014
Low Fracking activities in Winter Period and Guar Seed & Guar Gum Prices in 2014-2015
Low Fracking activities in Winter Period
Winter time will start after two months. In the winter month the new fracking activities will come down. because oil and gas company will start to work on production of Gas as the energy requirement will be increased in most of developed countries. Halt is fracking activity will not lead to any major new contract or demand of guar gum . Existing contract of guar will keep going. Mostly frackign activity is completed during the summer period. Low frackign activity will keep pressure during the remaining period of 2014-2015 up to march. In the next 6-8 months the demand of guar guar seed and guar gum will come down.