Tuesday, 31 March 2015

Guar gum export has declined 38.47% as compared to last quarter( Jan-15, Feb-15 and March-15)


After analysing exports data from reliable sources, it was found that there is decline in guar gum export. There is sharp decline of 38.47% during this quarter as compared to last quarter and there is also 14.24% decline in export in guar gum as comparison to last year.


Export of guar gum decline as compare to last quarter, this year (2014-2015)


                            Export  Decline as compare to last quarter , This year
Month
Quantity
Month
Quantity
October-14
35690. 737 MT
January-15
27763.292 MT
November-14
41123. 216 MT
Feburuary-15
26453.050 MT
December-14
42112.359 MT
March-15
18959.028 MT
Total
118926.312 MT
Total
73175.370 MT
Total Down fall  in this quarter as  compared to last quarter (-) 45750.942 MT
Percentage downfall in export as compare to last quarter  (-)  38.47%

  
Post harvest practices of guar gum seed (cleaning & removal of  husk and other foreign particles ) 

Export of guar gum decline as compare to Last year (2013-2014) in the same Quarter

                            Export Decline as compare to Last year in the same Quarter.
Month
Quantity
Month
Quantity
January-14
28422702  MT
January-15
27763.292 MT
Feburuary-14
28145285  MT
Feburuary-15
26453.050 MT
March-14
28759146  MT
March-15
18959.028 MT
Total
85327133 MT
Total
73175.370 MT
Total Down fall  in this quarter as  compared to last quarter (-) 12151.763 MT
Percentage downfall in export as compare to last Year same quarter  (-)   14.24%

Guar gum seed is becing packed in bags for warehousing 

Global demand of guar gum has come down. During last quarter export was increased as compare to previous quarter. After in depth  analysis it was found that Indian exporter opened their subsidiary and stocked material in importing countries, now that stock is not cleared and sharp decline has noticed in guar gum export.

In coming days rate of guar gum and guar seed may further come down. Rs 2500/100 Kg for guar seed and Rs 6500/ 100kg for guar gum may be a bottom line. There are no chances of further improvement in rate even in next year. As per climatic condition, monsoon will be good this year and  guar crop will be is good condition. Carry forward stock of guar seed and new crop arrival will make it over supply condition.

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