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.
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.
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%
|
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.