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वर्ष 2023-24 में ग्वार गम के निर्यात में 11,160 मीट्रिक टन या 2.67% की बढ़ोतरी

ग्वार गम का निर्यात वर्ष 2023-24 (अप्रैल 2023-मार्च 2024) में 11,160 मीट्रिक टन या 2.67% बढ़ गया है। भारत सरकार, कृषि मंत्रालय द्वारा जारी आंकड़ों के अनुसार, अप्रैल 2023 से मार्च 2024 तक ग्वार उत्पादों का कुल निर्यात 417,691 मीट्रिक टन था, जो पिछले वर्ष की तुलना में 11,160 मीट्रिक टन अधिक है। पिछले वर्ष ग्वार गम का निर्यात 406,531 मीट्रिक टन था। यह ग्वार किसानों और ग्वार गम निर्यातकों के लिए सकारात्मक खबर है, क्योंकि ग्वार उत्पादों का निर्यात 2.67% बढ़ा है। इस वर्ष, ग्वार ने 542 मिलियन अमेरिकी डॉलर का विदेशी मुद्रा अर्जित की है। इसके विपरीत, पिछले वर्ष ग्वार गम का निर्यात 617 मिलियन अमेरिकी डॉलर था। इस प्रकार, ग्वार गम से प्राप्त राजस्व 12.16% या 75 मिलियन अमेरिकी डॉलर घट गया है। इसके बावजूद, बाजार में सकारात्मक भावना बनी हुई है क्योंकि ग्वार गम उच्च कीमतों पर बेचा जा रहा है।

वर्तमान में भू-राजनीति अत्यधिक तनावपूर्ण है। इज़राइल ने गाजा पर अपनी पकड़ मजबूत कर ली है, और हमास के सैन्य ठिकानों पर हमले बढ़ा दिए हैं। जबकि इज़राइल के पड़ोसी देश इज़राइल की कार्रवाई के खिलाफ प्रतिरोध नहीं दिखा रहे हैं, ईरान, यमन और हिज़बुल्ला मिलिशिया इज़राइल की कार्रवाई का विरोध कर रहे हैं।

वर्ष 2023-24 में ग्वार गम  के निर्यात में 11,160 मीट्रिक टन या 2.67% की बढ़ोतरी , The export of guar gum increased by 2.67% in the year 2023-24 (April 2023-March 2024). Guar Seed to Guar Gum Powder Processing Plant Consultancy, Guar, guar gum, guar price, guar gum price, guar demand, guar gum demand, guar seed production, guar seed stock, guar seed consumption, guar gum cultivation, guar gum cultivation in india, Guar gum farming, guar gum export from india , guar seed export, guar gum export, guar gum farming, guar gum cultivation consultancy, today guar price, today guar gum price, ग्वार, ग्वार गम, ग्वार मांग, ग्वार गम निर्यात 2023-2024-2025, ग्वार गम निर्यात -2023-2024-2025, ग्वार उत्पादन, ग्वार कीमत, ग्वार गम मांग, Guar Gum, Guar seed, guar , guar gum, guar gum export from india, guar gum export to USA, guar demand USA, guar future price, guar future demand, guar production 2019, guar gum demand 2019, guar, guar gum, cluster beans, guar gum powder, guar gum price, guar gum uses, ncdex guar, guar price, guar gum price today, cyamopsis tetragonoloba, ncdex guar gum price, guar beans, guar rate today
वर्ष 2023-24 में ग्वार गम  के निर्यात में 11,160 मीट्रिक टन या 2.67% की बढ़ोतरी 

अमेरिका में इन्वेंट्री में गिरावट के कारण अंतरराष्ट्रीय बाजार में कच्चे तेल की कीमतों में वृद्धि हुई है। ऊर्जा सूचना प्रशासन ने अमेरिकी कच्चे तेल की स्टॉक में गिरावट के आंकड़े जारी किए हैं। इस सप्ताह, स्टॉक 457 मिलियन बैरल है, जो पिछले सप्ताह की तुलना में 2.5 मिलियन बैरल कम है। स्टॉक में कमी से पेट्रो रिफाइनिंग गतिविधियों और बाजार में पेट्रो ईंधन की मांग में वृद्धि का संकेत मिलता है। आज ब्रेंट कच्चे तेल की कीमत 78.79 अमेरिकी डॉलर प्रति बैरल है, और WTI कच्चे तेल की कीमत 83.27 अमेरिकी डॉलर प्रति बैरल है।

स्थानीय ग्वार व्यापार बाजारों या मंडियों में ग्वार बीज और ग्वार गम की कीमतें मजबूत हैं। ग्वार बीज और ग्वार गम की कीमतें कमोडिटी एक्सचेंज NCDEX की कीमतों पर प्रीमियम पर उद्धृत की जा रही हैं। वर्तमान स्तरों पर स्थानीय मांग के कारण ग्वार बीज और ग्वार गम का भविष्य व्यापार भी मजबूत रहने की उम्मीद है। अच्छी गुणवत्ता वाला ग्वार बीज 5550 रुपये प्रति 100 किलो और औसत गुणवत्ता वाला ग्वार बीज 5400 रुपये प्रति 100 किलो पर व्यापार कर रहा है। मानक गुणवत्ता वाला ग्वार गम 10925 रुपये प्रति 100 किलो पर व्यापार कर रहा है। आंतरिक स्थानों में, ग्वार बीज 5000-5200 रुपये प्रति 100 किलो पर व्यापार कर रहा है। भविष्य बाजार में ग्वार बीज मजबूत व्यापार कर रहा है। NCDEX (नेशनल कमोडिटी एंड डेरिवेटिव्स एक्सचेंज लिमिटेड) पर ग्वार बीज-10MT 5657 रुपये, 5505 रुपये और 5555 रुपये पर व्यापार कर रहा है, जो मई, जून और जुलाई महीने के अनुबंधों के लिए क्रमशः 3.70% या 202 रुपये प्रति 100 किलो, 0.44% या 24 रुपये प्रति 100 किलो और 0.23% या 13 रुपये प्रति 100 किलो की वृद्धि के साथ 155, 59980 और 3675 के ओपन इंटरेस्ट के साथ है।

ग्वार गम भी भविष्य बाजार में मजबूत व्यापार कर रहा है। NCDEX (नेशनल कमोडिटी एंड डेरिवेटिव्स एक्सचेंज लिमिटेड) पर ग्वार गम-5MT 10,790 रुपये और 10,940 रुपये पर व्यापार कर रहा है, जो जून और जुलाई महीने के अनुबंधों के लिए क्रमशः 0.48% या 52 रुपये प्रति 100 किलो और 0.38% या 41 रुपये प्रति 100 किलो की वृद्धि के साथ क्रमशः 47,865 और 15,060 के ओपन इंटरेस्ट के साथ है।

The export of guar gum increased by 2.67% in the year 2023-24 (April 2023-March 2024).

The export of guar gum increased by 2.67% in the year 2023-24 (April 2023-March 2024). According to data released by the Government of India, Agriculture Ministry, the total export of guar products from April 2023 to March 2024 was 417,691 MT, which is 11,160 MT higher than the previous year. Last year's export of guar gum was 406,531 MT. This is positive news for guar farmers and guar gum exporters, as the export of guar products has increased by 2.67%. This year, guar has generated foreign exchange worth 542 million USD. In contrast, the previous year's export of guar gum was valued at 617 million USD for the same period. Thus, the revenue generated by guar gum has decreased by 12.16% or 75 million USD. Despite this, the market sentiment remains positive as guar gum is being sold at higher prices.

Geopolitics is currently intense. Israel has tightened its grip over Gaza, with an increase in attacks on Hamas military facilities. While neighboring countries of Israel are not showing resistance against Israel's actions, Iran, Yemen, and Hezbollah militia are resisting.

Crude oil prices have strengthened in the international market due to a decline in inventory in the USA. The Energy Information Administration has released data showing a decrease in US crude oil stock. This week, there is a 457 million barrel stock, which is 2.5 million barrels less than the previous week. The decrease in stock indicates increasing petro refining activities and demand for petro fuel in the market. Today, Brent crude oil is being traded at USD 78.79 per barrel, and WTI crude oil is being traded at USD 83.27 per barrel.

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The export of guar gum increased by 2.67% in the year 2023-24 (April 2023-March 2024).

Guar seed and guar gum prices are strong in the local guar trading markets or Mandis. Prices of guar seed and guar gum are quoted at a premium over the prices of the Commodity Exchange NCDEX. Future trading of guar seed and guar gum is also expected to remain strong due to local demand at current levels. Good quality guar seed is traded at Rs 5550 per 100 kg and average quality guar seed is traded at Rs 5400 per 100 kg. Standard quality guar gum is traded at Rs 10925 per 100 kg. In interior locations, guar seed is traded at Rs 5000-5200 per 100 kg. Guar seed is trading strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd), guar seed-10MT is traded at Rs 5657, Rs 5505, and Rs 5555, higher by 3.70% or Rs 202 per 100 kg, 0.44% or Rs 24 per 100 kg, and 0.23% or Rs 13 per 100 kg, with an open interest of 155, 59980, and 3675 for May, June, and July month contracts, respectively.

Guar gum is also trading strongly in the futures market. At NCDEX (National Commodity & Derivatives Exchange Ltd), guar gum-5MT is traded at Rs 10,790 and Rs 10,940, higher by 0.48% or Rs 52 per 100 kg, and 0.38% or Rs 41 per 100 kg, with an open interest of 47,865 and 15,060 for June and July Month contracts, respectively.

Guar Seed to Guar Gum Powder Processing Plant Consultancy

Guar gum is a significant agricultural export commodity from India, accounting for approximately 90-95% of global production. As the leading, and often sole, supplier of guar gum worldwide, India consistently meets the high demand for this versatile product. The industry is primarily export-oriented, with substantial shipments directed to countries such as the USA, China, Germany, the Netherlands, Russia, Norway, and the UK. Each year, India exports around 400,000 MT of guar gum products. Our consultancy specializes in establishing guar seed to guar gum powder processing plants, leveraging India's dominant position in the global market to provide expertise and support.

India produces an abundant quantity of guar seeds, all of which are processed into guar gum powder through a three-stage process. In the first stage, the guar seeds are processed and separated into three components: guar gum splits, guar churi, and guar korma. The guar splits are directed towards the production of guar gum powder, while guar churi and guar korma are processed into guar meal for animal feed. In the second stage, the guar splits undergo further refinement to become guar gum powder. In the third and final stage, this guar gum powder is chemically modified to meet specific industrial requirements. Guar gum is a versatile product, functioning as a natural fiber, thickener, gelling agent, emulsifier, flocculant, stabilizer, and binding agent. Its chemical and physical properties are tailored to suit various industrial applications.

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 Guar Seed to Guar Gum Powder Processing Plant Consultancy

Our experts will guide you through the entire guar gum processing journey, from guar seed to guar gum powder. Key factors for running a successful guar gum manufacturing process include the quality of guar seeds, land selection for setting up the industry, storage facilities, labor, skilled manpower, electricity, and plant capacity. Typically, there are two types of plants: semi-automatic and automatic. Automatic plants are more efficient and require less labor. The capacity of a guar gum plant varies based on the demand and availability of guar seeds as raw material. Industrial demand and commercial use are primarily focused on the guar gum extracted from the seeds, with a typical recovery rate of 34% to 40%.

We are a premier provider of agriculture, agribusiness, and agro technology consultancy, as well as agricultural extension services. Committed to ethical business practices, our team consists of highly experienced professionals specializing in agriculture, agribusiness, agro processing, and related fields. We offer customized solutions that are both technically and economically viable, tailored to meet your specific needs. We believe that agriculture is the backbone of the economy and a cornerstone of development. It is essential to implement sustainable practices that preserve natural resources and ensure inclusivity for the entire society. Our approach focuses on fostering sustainable and inclusive agricultural practices that benefit everyone.

We offer agro technology and agribusiness consultancy services designed to optimize resource utilization, maximize your investment, and provide independent, cost-effective, and profitable solutions, ensuring complete satisfaction.

At Agrotech Agribusiness Consultancy, we deliver comprehensive solutions for all your agriculture and agriculture-based project needs. Our expertise spans a wide range of areas, including:

  • Crop cultivation and tree plantations
  • Farm development and mechanization
  • Animal husbandry and dairy farming
  • Medicinal and aromatic crop cultivation
  • Spices cultivation and mushroom farming
  • Vegetable and fruit farming
  • Protected and controlled climate cultivation
  • Greenhouse farming and flower cultivation
  • Essential oil crops and organic farming
  • Sustainable farming and biofuel farming
  • Jatropha, stevia, and aloe vera farming
  • Imported fruit and timber farming
  • Poultry, goat, sheep, and camel rearing
  • Apiculture (bee farming) and fisheries
  • Guar seed farming and guar gum processing
  • Agro processing projects and new agro industry setups
  • Commodity procurement planning and agriculture value chain development

We support you from the planning stage, including feasibility studies, project planning, resource collection, finance arrangement, and sustainable farming initiatives. Additionally, we assist with international trade, market development, export-import activities, and the latest agricultural technology. Our goal is to provide tailored, innovative solutions that meet your specific agribusiness requirements.

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 Guar Seed to Guar Gum Powder Processing Plant Consultancy


Guar seed and guar gum prices rise due to local demand at upper level.

Fresh demand was noticed at upper level was noticed. Guar seed and guar gum prices remained strong in physical and forward market due to local demand. Market is waiting for formation of new government and the prediction of monsoon for new crop.  Exporters and manufacturers are fulfilling their existing orders. Availability of the guar seed in market is sufficient as per the regular demand. Most of manufacturing plants are running for their existing demands only. Export demand of guar gum and guar splits are coming from Europe and China. 

Monsoon Predictions:

As per World Metrological Organization, the advance estimate for the South West Monsoon, it will remain above the normal during June-September 2024. If it will remain above the normal then crop will be good. For good quality crop, beside good rainfall there should be rainfall on regular interval. IMD will predict the arrival of Monsoon by end of May. The guar crop sowing will be start with arrival of monsoon. Normally monsoon activate in last week of June to first week of July in Guar Growing belt.

Guar seed and guar gum prices rise due to local demand at upper level.

                        Guar seed and guar gum prices rise due to local demand at upper level.

Crude Oil Prices

During last week there was slightly pressure on crude oil prices due to increased inventories. India is buying crude oil from Russia. Today guar prices have strengthened with announcement of Saudi Arabia that Saudi Arab will cut production to control prices. Beside it, there is potential risk to increase the fresh conflict between Hamas and Israel. As Israel has asked to vacant the residents of Rafa city for the fresh military operations against Hamas. Today Brent crude oil is being traded at USD 82.96 / barrel, and WTI crude oil is being traded at USD 78.08/ barrel.  

Delivery of Poor Quality Guar Seed at NCDEX.

During last week, a news was emerged that buyer got delivery of poor quality guar seed from NCDEX accredited warehouse. Since NCDEX has defined quality standards and these standards are accepted by entire guar industry for best quality seeds. It seems that it was fault of WSP (warehouse service provider) and stock depositor. As per information this problem was noticed at warehouse of LTC Commercial Company Pvt. Ltd at Shri Ganga Nagar location. 

Current Guar Seed and Guar Gum Price Trend in Market.

Guar seed and Guar gum prices are strong in the local physical markets. Prices of Guar seed and Guar gum are quoted higher than Commodity exchange NCDEX. Future trading of Guar seed and Guar gum is also expected to strong poor due to local demand at current levels. Good quality of guar seed is traded at Rs 5500/100Kg and average quality guar seed is traded at Rs 5300/100 Kg. Standard quality guar gum is traded at Rs 10906/100 kg. In interior location, guar seed is traded up to 5000-5200/100 Kg. Guar seed is being traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is traded at Rs 5431, 5500 higher by 0.39 percent or Rs 21/100Kg, 0.36 percent or Rs 20/100 Kg with an open interest of 26940, 41225 for May and June month contracts.

Guar gum is also being traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar gum-5MT is traded at Rs 10740, 10879 higher by 0.16 percent or Rs 17/100Kg, 0.16 percent or Rs 17/100 Kg with an open interest of 18555, 32290 for May and June month contracts. 

Guar Seed and Guar Gum prices weakened due to stagnant demand at current price level.

Today, Guar seed and guar gum prices have weakened due to stagnant demand at the current price level. Demand is poor at the current price level. Guar seed and gum prices were quoted weak in the physical and forward markets due to stagnant demand at lower levels. The current prices are not supporting the buying of Guar seed and guar gum in the market. Currently, there are parliamentary elections in India, and business activities are slow, awaiting the formation of a new government.

Most processing industries are waiting for big orders. Generally, major demand arises from the US, but this year the major demand for guar products is coming from Norway and the Netherlands. The Norwegian government has awarded 62 new licenses for oil drilling to 24 energy companies, a significant development. As of today, Norway is experiencing the highest hydrocarbon extraction of the last 15 years. Equinor is investing USD 6 billion per year in oil and natural gas exploration and drilling activities in Norway. Currently, Equinor is working on 55 new projects. Russia and Norway are major natural gas suppliers to Europe. After 2022, Norway became the number one oil supplier to Europe after surpassing Russia.

Guar Seed and Guar Gum prices weakened due to stagnant demand at current price level.
 
Guar Seed and Guar Gum prices weakened due to stagnant demand at current price level.

After Norway, the Netherlands, USA, Germany, Russia, UK, and Australia are major importers of guar gum from India. Norway has imported 75,850 MT, the Netherlands has imported 39,040 MT, the USA has imported 35,835 MT, Germany has imported 28,393 MT, Russia has imported 27,954 MT, the UK has imported 13,605 MT, and Australia has imported 11,650 MT of guar gum from April 2023 to December 2023. Oil drilling activities are a major booster for Guar seed and guar gum demand and further price movement.

This is a critical time for the entire guar gum industry. The guar gum industry should take collective action for the standardization of the quality and grading of guar gum. Guar-based products are increasing day by day. Guar-based dietary fiber is already on the market. Now people are working on extracting guar protein for human consumption. Quality control is necessary with the increasing number of guar-based products. There are many non-tariff trade barriers in the guar business. The industry must work to remove these barriers.

Due to increased demand and lower production, crude oil prices are also increasing. The global market is bullish for crude prices in the current quarter. Currently, Brent crude oil is being traded at USD 85.95 per barrel, and WTI crude oil is being traded at USD 81.68 per barrel. OPEC anticipates a substantial surge in global demand for liquid fuel in 2024, reaching 2.25 Mb/d, followed by a continued increase to 1.85 Mb/d in 2025. The projection for future growth in US tight oil output remains steady compared to the previous month, with an expected uptick of approximately 4% in 2024 and a subsequent 5% rise in 2025.

Guar seed and guar gum prices are weak in the local physical markets. Prices of Guar seed and guar gum are quoted lower than the commodity exchange NCDEX. Future trading of Guar seed and guar gum is also expected to remain poor due to no business at current levels. Good quality Guar seed is traded at Rs 5200 per 100 kg, and average quality Guar seed is traded at Rs 4800 per 100 kg. Standard quality guar gum is traded at Rs 10100 per 100 kg. In interior locations, Guar seed is traded up to Rs 4700-4800 per 100 kg. Guar seed is being traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd), Guar seed-10MT is traded at Rs 5185 and Rs 5260, lower by 0.38 percent or Rs 20 per 100 kg and 0.17 percent or Rs 9 per 100 kg, with an open interest of 68965 and 16120 for April and May month contracts.

Guar gum is also traded weakly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd), Guar gum-5MT is traded at Rs 10130 and Rs 10090, lower by 0.26 percent or Rs 26 per 100 kg and 0.25 percent or Rs 26 per 100 kg, with an open interest of 41020 and 7885 for April and May month contracts.

Guar seed and guar gum traded weak in local markets.

Prices of Guar seed and Guar gum are declining due to selling pressure at higher levels. Demand and supply are both stagnant at this moment. There is no demand for Guar seed and Guar gum at higher levels. The supply of guar is not going to change for the next 6-7 months. For the next 6-7 months, there will be no new arrivals of Guar seed. The arrival of monsoon will provide some predictions about the Guar seed supply. There will be a general election in India in May-June. Currently, there is no major business activity in the guar business. New investment will come after the general election and the formation of a new government. The new government will bring new policies and guidelines for international business and trade.

On 1st March 2024, an event on guar is being organized in Jaipur (Rajasthan). This event, "Guar International-2024," will be exclusively for guar industry stakeholders. The event will engage all stakeholders; some positive results will come out of this event. It will provide a clear picture of trade statistics, ideas about new uses of Guar gum, and new technologies in Guar gum extraction.

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                                   Guar seed and guar gum traded weak in local markets.

Crude oil prices are recovering this month. Due to increased demand for crude oil from China and India, prices are recovering. At the current level of crude oil, we can't predict the higher demand for Guar gum from the oil and natural gas industry. Currently, Brent crude oil is being traded at 83.47 USD/barrel, and WTI crude oil is being traded at 79.19 USD/barrel. OPEC predicts higher demand for crude oil and better economic growth. According to Baker Hughes' global rig count data, there are 64 more active rigs internationally than the previous year this week.

Guar seed and Guar gum prices are declining in local physical markets. Prices of Guar seed and Guar gum are being quoted lower than commodity exchanges NCDEX. Future trading of Guar seed and Guar gum is also expected to decline due to no business at current price levels. Good quality Guar seed is traded at Rs 5200/100 kg, and average-quality Guar seed is traded at Rs 4800/100 kg. Standard quality Guar gum is traded at Rs 10200/100 kg. In interior locations, Guar seed is traded up to 4700-4800/100 kg. Guar seed is being traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd), Guar seed-10MT is traded at Rs 5300, lower by 0.56 percent or Rs 30/100 kg, with an open interest of 25 for Feb month contracts.

Guar gum is also traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd), Guar gum-5MT is traded at Rs 10340, lower by 0.41 percent or Rs 43/100 kg, with an open interest of 300 for Feb month contracts."

Guar International- 2024, An exclusive international event on "guar" on 1st March,2024.

Guar International - 2024, An exclusive international event on "guar" on 1st March, 2024.

Guar Industry is facing new challenges in changing business environment. Business environment is changing, Technology is changing, New Trade barriers are emerging, New environment regulation are being implemented, Trade practices are changing with climate change, to face these issues, entire Guar industry must come closer, discuss these issues, find out the solutions and lead the entire industry to make ready for emerging challenges. Guar International is emerging as platform for entire guar industry to face new challenges. 

NICR (NCDEX) and tefla's are jointly organizing the international business event on “GUAR”, it will include Conference, Exhibition, Awards and Networking.

Book Your Presence And Get Benefited From This Business Event On “Guar”. Get yourself registered and book you seat for this event. Top industry leader will be present at one place for Guar.

Guar International- 2024 An exclusive international event on "guar" on 1st march,2024.)

This event is exclusively for all the stake holders of “GUAR” like Guar seed & Guar gum Traders, Guar seed & Guar gum Stockist, Guar seed Processors, Guar gum Manufacturers, Guar products Exporters, Guar Products Importers, Guar seed and Guar gum Agri commodity traders, Market research Analyst, Guar farmers, Guar seed companies, Guar Research institutes, Scientist, Guar plant & machinery suppliers and other service providers. 



This event will cover entire range of guar products including guar seed, guar churi, guar korma, guar gum, guar split, guar gum powder, modified guar gum and other guar derivative. 

This is best event to discover the future by diving into cutting edged innovations and market dynamics shaping the Guar industry.  

(Please contact for spot booking and other business enquires, Mr. Shubham Singh - Ast. Project Manager, Teflas, Contact Number : +91 9518779542, Email : s.shubham@teflas.com )

Guar Seed and Guar Gum prices declined, due to profit booking at upper level.

Guar Seed and Guar Gum prices declined, due to profit booking at upper level.

Guar seed and Guar gum prices were quoted lower than last closing due to profit booking at upper level. Prices remained under pressure of profit booking for entire day. Since morning prices did not recover. Prices kept declining due to selling pressure. The selling pressure was also seen in the local market. Prices were quoted lower in local physical markets.  

Export demand of guar is not picking due to lower demand form the oil and natural gas industry. Oil and Natural Gas industry is leading demand generating industry. Slowly and slowly demand is generated from other industries also. New R&D is being set up and use of guar gum in increasing. Food Industry will emerge as next buyer of guar gum powder. Application of guar gum in Food industry is increasing. Before 4-5 years guar gum was not available in retail packing for the end customer. Today thousands of products of guar gum are available in retail packing for end customer use. Due to its health benefit property. guar gum is used as food supplement in different form.

Guar Seed and Guar Gum prices declined, due to profit booking at upper level. Guar, guar gum, guar gum news, guar gum export 2024, what is guar gum, how much guar gum export, guar gum cultivation, guar gum price, guar seed price, guar seed NCDEX price
                   Guar Seed and Guar Gum prices declined, due to profit booking at upper level.

Guar cattle feed / guar korma churi is Methane-reducing cattle feed supplement. That is good for the climate and animal health. Guar korma / Churi is good source of the digestive protein. Guar korma is balanced nutrition source for the chicken fee, cattle feel, fish meal, animal feed. There is around 35-50% protein content in Guar Churi Korma.

Due to increased supply and stagnant demand currently crude oil prices are also not so strong. High demand of guar gum from oil and natural gas cannot be predicated at this current price level. Currently Brent crude oil is being traded are 77.33 USD/Barrel, and WTI crude oil is being traded at 72.28 USD/barrel. OPEC is trying to capture its position in world crude oil market. OPEC owned OPEC Fund is investing USD 1.7 Billion for international development in global climate change and energy transition. As per Baker Hudges global rig counts data there are 64 more active rigs count then previous year in this week USA.

Guar seed and guar gum prices are weak in the local physical markets. Prices of Guar seed and guar gum are quoted lower than Commodity exchanges NCDEX. Future trading of Guar seed and guar gum is also expected to remain stable due to stagnant business at current price level. Good quality of Guar seed is traded at Rs 5300/100Kg and average quality Guar seed is traded at Rs 5000/100 Kg. Standard quality guar gum is traded at Rs 10200/100 kg. In interior location, Guar seed is traded up to 4700-4800/100 Kg. Guar seed is being traded weak in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar seed-10MT is traded at Rs 5290, 5348 lower by 1.34 percent or Rs 72/100Kg, 1.31 percent or Rs 71/100 Kg with an open interest of 43055, 49595 for Feb and March month contracts. 

guar gum is also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar gum- 5MT is traded at Rs 10075, 10243, 10389 lower by 1.40 percent or Rs 143/100Kg, 1.42 percent or Rs 148/100 Kg, 1.66 percent or Rs 175/100 Kg with an open interest of 24855, 33085, 140 for Feb, March and April month contracts.

Guar Seed and Guar Gum prices recovers after union Budget 2024

The prices of guar seed and guar gum were slipped during last days. Today guar seed and guar gum prices have shown the recovery during the budget speech. The new interim budget is focused on value addition of the agriculture produce. In this budget the allocation of the funds for the Agriculture and farmers welfare ministry is Rs 2,000 Crore higher than the previous year. This year Finance Ministry has allocated Rs1,17,529 Crore budget for Agriculture and Farmers Welfare Ministry. Last year there was allocation of the Rs 1,16,789 Crore.

Guar gum export from India is mainly done in split form or powder form. Both the form of guar exported are in almost raw form. Importing countries are doing the value addition and selling guar products at ten time higher price. The stake holder of guar gum industry should understand it. Since India is main producer of guar seed and guar gum in world, so the maximum value addition work must be done in India only. Investment in R&D will require, in developing the new value addition products. After that the R&D must lead to patented product and process.

Guar Seed and Guar Gum prices recovers after union Budget 2024

Though central Govt has presented the budget, but it is interim budget. Generally full budget is meant for the long term policies. But this budget has given understanding that govt is now focusing on value addition. Guar requires a lot of R&D and value addition. India is leader in guar gum seed production, guar gum processing and Guar gum export but it is tacking behind in value addition and R&D. Prices of guar may try to stabilize at current level. 

Currently crude oil is strong and it expected that demand of crude oil may also increase in coming future. Currently Brent crude oil is being traded ar Rs 78.93 USD/Barrrel, and WTI crude oil is being traded at USD73.82 USD/barrel.

Guar seed and Guar gum prices are stable in the local physical markets. Prices of Guar seed and Guar gum are quoted lower than Commodity exchanges NCDEX. Future trading of Guar seed and Guar gum is also expected to remain stable due to no business at current levels. Good quality of guar seed is traded at Rs 5250/100Kg and average quality guar seed is traded at Rs 4800/100 Kg. Standard quality guar gum is traded at Rs 10200/100 kg. In interior location, guar seed is traded up to 4700-4800/100 Kg. Guar seed is being traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is traded at Rs 5312, 5370 higher by 0.04 percent or Rs 2/100Kg, 0.06 percent or Rs 3/100 Kg with an open interest of 49385, 42155 for Feb and March month contracts.

Guar gum is also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT is traded at Rs 10130, 10287 higher by 0.65 percent or Rs 65/100Kg, 0.71 percent or Rs 73/100 Kg with an open interest of 28760, 29615 for Feb and March month contracts. 

Guar gum prices slipped below Rs 10,000 level under selling pressure

Since last two days prices of Guar seed and guar gum are declining continuously in future commodity market. On Monday it was bloodbath for Guar seed and guar gum prices. Market closed with lower circuit. In this week new budget will be put in front of parliament by the central government. Before the announcement of the new budget, gaur seed and guar gum prices are under the pressure of profit booking at upper level.

The Oil rig count data released but Baker Hughes are showing the declining trend in active rig in USA. Currently 621 oil rigs are active in USA which are 150 active rig lesser than the previous year rig count. Major demand of guar gum is driven from the oil and natural gas industry. Active oil rig are major indication of demand trend. Generally NCDEX work are price discovery tool for the Guar seed and guar gum prices.

Guar gum prices slipped below Rs 10,000 level, Profit booking at upper Level

For next 8-9 month supply will remain the same it will not change up to the arrival of new crop in market. Price movement will depend only on the demand of product. There are two main demand, Demand of the gaur gum powder, Demand guar meal (Churi Korma), beside these if there will be any change in the demand of other animal feed product or guar gum substitute then price may move.

The pressure on prices in future market is transferring to local physical market. There is selling pressure in local markets, so buyers are quoting low for the available stock. There are not trading on current level of prices. The current price fall seems the selling pressure. Prices are expected to bounced back after the budget.

Application of guar gum increasing slowly and slowly. Recently Nestle has launched a guar gum based health supplement product, Nestle Resource Fiber Choice.  It is guar gum based product partially hydrolyzed guar gum is used in this product. There is 98% guar gum in this product. As claimed by Nestle this product is good for Gut Health.

                                                                      @copyright of Nestle

Guar seed and guar gum prices are weak in the local physical markets. Prices of Guar seed and guar gum are quoted lower than Commodity exchanges NCDEX. Future trading of Guar seed and guar gum is also expected to remain low with selling pressure at upper levels. Good quality of Guar seed is traded at Rs 5200/100Kg and average quality Guar seed is traded at Rs 4900/100 Kg. Standard quality guar gum is traded at Rs 9900/100 kg. In interior location, Guar seed is traded up to 4800/100 Kg. Guar seed is being traded weak in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar seed-10MT is traded at Rs 5304 stable at previous close for February contract.

guar gum is also traded week in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar gum- 5MT is traded at Rs 9968, 10115 lower by 1.39 percent or Rs 140/100Kg, 1.33 percent or Rs 136/100 Kg with an open interest of 35955, 21950 for Feb and March month contracts.

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