Guar seed has shown bit price rise. There is more price in guar seed than Guar
gum. It was the impact of rise in crude oil prices in last week that was around
9 % which was highest in a day during last six year.
There was more rises in Guar seed in comparison to Guar
gum. It was just because of Guar
available in physical market. Guar churi
is also giving strong support to guar seed. demand of animal feed protein is increasing in world.
Guar Churi ( Guar meal) used as Animal Protein. by product of guar ( guar seed ) gum processing industry. |
As per expert the impact of crude price on guar seed / gum is
short term in long term impact crude must be more than 75 USD/ Barrel.
Todays price rise is also an impact of adjustment from
physical market impact on future price downfall.
Physical availability of guar split is making guar seed
stronger than guar gum. Manufacturers are adjusting guar gum split low price with
guar churi price rise.
Physical arrival of guar seed will also stop after March as
new crop will come in market and physical commodity market will engage in new
crop. APRIL to OCTOBER period will be a low arrival period. Supply will become
tight in that period.
No comments:
Post a Comment