Guar Prices Ease Amid Selling Pressure, Weak Export Sentiment and Global Trade Uncertainty

International Commodity Intelligence Report : Guar Seed & Guar Gum Market Update :24 March 2026

Guar Prices Ease Amid Selling Pressure, Weak Export Sentiment and Global Trade Uncertainty

JAIPUR, India – 24 March 2026: The guar seed and guar gum market in India witnessed a mild correction on Tuesday, with prices declining from higher levels due to sustained selling pressure in both spot and futures markets. The overall guar market outlook remains cautious as traders track weak export demand, global trade slowdown, and macroeconomic uncertainties.

Despite firm global crude oil prices, the guar gum price trend remains under pressure due to lack of fresh export orders and volatility in international markets. Market participants note that crude oil strength is currently supply-driven rather than demand-driven, limiting its immediate positive impact on guar gum demand in the oil and gas industry.

At the same time, a strengthening US Dollar in global currency markets is exerting pressure on Indian agricultural exports, including guar gum exports from India, by increasing pricing challenges and reducing competitiveness in international markets. 

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Spot Market Overview

In the physical market across Rajasthan, guar seed prices in India are holding relatively stable despite the broader correction. Good quality guar seed is trading around ₹5,400 per 100 kg, while average quality is quoted near ₹5,200 per 100 kg.

Standard quality guar gum prices in India are reported near ₹10,190 per 100 kg, reflecting marginal softness amid weak export demand. In interior mandis, guar seed is trading in the range of ₹5,000 to ₹5,200 per 100 kg, depending on quality, moisture content, and regional demand.

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Guar Prices Ease Amid Selling Pressure, Weak Export Sentiment and Global Trade Uncertainty

Futures Market Analysis (NCDEX)

In the futures segment on the National Commodity & Derivatives Exchange (NCDEX), guar contracts closed on a mixed to weak note, reflecting profit booking and cautious market sentiment.

Guar gum futures (5 MT contract) saw the April contract closing at ₹10,158 per 100 kg, down by ₹42 or 0.41%, while the May contract declined by ₹35 or 0.34% to ₹10,299 per 100 kg. The June contract bucked the trend, rising by ₹93 or 0.90% to ₹10,287 per 100 kg, indicating selective buying interest in forward positions.

Open interest remained active, with approximately 49,855 lots in April, 14,880 lots in May, and limited positions in June contracts, suggesting continued participation by traders despite short-term volatility.

Similarly, guar seed futures (10 MT contract) also closed lower. The April contract settled at ₹5,479 per 100 kg, down by ₹21 or 0.38%, while the May contract declined by ₹33 or 0.59% to ₹5,548 per 100 kg. Open interest stood at 43,870 lots for April and 16,920 lots for May, reflecting cautious positioning by market participants.

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Currency Impact: Strong US Dollar Pressures Exports

A strengthening US Dollar is emerging as a key macro factor impacting the guar export market in India. Exporters are facing pricing pressure as higher freight and logistics costs reduce margins, forcing them to ship larger volumes at competitive prices.

This dynamic is effectively lowering realizations per unit and is putting downward pressure on international guar gum prices, particularly in price-sensitive markets.

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Supply Situation and Arrivals

Current arrivals of guar seed remain limited, as the market is still dependent on old stock. Farmers and traders are primarily engaged in Rabi crop harvesting, resulting in reduced market arrivals.

Daily arrivals are estimated at approximately 10,000 bags (100 kg each) in major mandis, mainly driven by immediate liquidity needs. Fresh crop arrivals are expected only after the next harvesting cycle, which is around 5–6 months away.

This controlled supply is preventing sharp price declines and providing some underlying support to the guar seed price trend in India.

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Energy Market Disruptions and Industrial Demand

The global crude oil supply chain remains disrupted due to ongoing geopolitical tensions in Middle East and West Asia. Irregular supply flows are affecting refinery operations and creating imbalances in the energy market.

While higher crude oil prices typically support guar gum demand in the oil and gas industry, the current rally is largely supply-driven. Unless supported by increased drilling activity, the direct demand boost for guar gum used in Hydraulic Fracturing remains limited in the short term.

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Global Trade Slowdown Impact

The global commodity market is currently experiencing a slowdown, with buyers adopting a cautious approach amid geopolitical uncertainty. Lack of confirmed export orders and reduced industrial visibility are impacting the guar gum export market in India.

Market participants believe that prolonged geopolitical tensions could further dampen industrial demand and delay recovery in export volumes.

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Animal Feed Demand Supporting Guar Complex

One of the key supportive factors for the guar complex is the rising demand for guar meal (guar churi and guar korma) in the animal feed sector.

Global prices of key feed ingredients such as soybean meal and corn have increased significantly, driven by higher freight costs, energy prices, and supply chain disruptions. As a result, guar meal is emerging as a cost-effective alternative protein source, supporting demand from the livestock and poultry feed industry.

This trend is expected to provide a strong demand base for guar processing products, even as export demand remains subdued.

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Guar Export Statistics

According to data from the Agricultural and Processed Food Products Export Development Authority (APEDA), India exported approximately 390,300 metric tonnes of guar gum between April 2025 and January 2026, valued at around USD 452.62 million.

Final export figures for the full financial year are yet to be released, but early indications suggest that total exports could approach or exceed last year’s level of 453,612 metric tones, valued at USD 568.97 million, reinforcing India’s dominant position in the global guar market.

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Market Outlook

The near-term guar seed and guar gum price outlook remains range-bound with a slightly weak bias, driven by:

• Selling pressure at higher levels
• Weak export demand and global trade slowdown
• Strengthening US Dollar impacting export competitiveness
• Limited arrivals supporting prices at lower levels
• Rising demand from the animal feed sector

While short-term sentiment remains cautious, underlying fundamentals such as tight supply conditions and alternative feed demand may provide support to prices.

Market participants will closely monitor export enquiries, crude oil price trends, currency movements, and global trade developments for further direction in the guar commodity market.

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By Ganesh | Guargumcultivation Market Intelligence

📞 +91-9509888669

Guar Seed & Guar Gum Prices Fall on Selling Pressure; Weak Export Demand Weighs on Market (24 March 2026)

JAIPUR, India – 24 March 2026:

The guar seed and guar gum prices in India declined on Tuesday as selling pressure emerged at higher levels across both spot and futures markets. The latest guar market news indicates a cautious sentiment among traders, driven by weak export demand, global trade slowdown, and currency fluctuations.

Despite firm crude oil prices in the global market, the guar gum price trend remains under pressure due to the absence of strong demand-led buying. Market participants are closely monitoring export enquiries, international trade developments, and movements in the US Dollar for further direction.

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Guar Seed Price Today and Spot Market Update

In the physical markets of Rajasthan, including Jodhpur, the guar seed price today is trading near ₹5,400 per 100 kg for good quality, while average quality guar seed is quoted around ₹5,200 per 100 kg.

The guar gum price today is reported close to ₹10,190 per 100 kg, reflecting marginal weakness due to subdued export demand. In interior mandis, guar seed prices are ranging between ₹5,000 and ₹5,200 per 100 kg, depending on quality, moisture content, and local demand.

Guar Seed & Guar Gum Prices Fall on Selling Pressure : Weak Export Demand Weighs on Market (24 March 2026)

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NCDEX Guar Seed and Guar Gum Price Trend

In the futures market on the National Commodity & Derivatives Exchange (NCDEX), guar contracts closed on a mixed note, reflecting profit booking and cautious trading activity.

The NCDEX guar gum price for the April contract closed at ₹10,158 per 100 kg, declining by ₹42 or 0.41%, while the May contract fell by ₹35 or 0.34% to ₹10,299 per 100 kg. However, the June contract showed strength, rising by ₹93 or 0.90% to ₹10,287 per 100 kg, indicating selective buying in forward positions.

Similarly, the NCDEX guar seed price for April settled at ₹5,479 per 100 kg, down by ₹21 or 0.38%, while the May contract declined by ₹33 or 0.59% to ₹5,548 per 100 kg. The futures trend reflects short-term weakness but continued market participation.

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Strong US Dollar Impact on Guar Export Market

A strengthening US Dollar is putting pressure on the guar gum export market in India. Exporters are facing reduced margins due to higher freight and logistics costs, forcing them to remain competitive in global markets.

This situation is impacting international guar gum prices, as exporters need to adjust pricing strategies to maintain volumes. Currency volatility remains a key factor influencing India agricultural exports, including guar gum.

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Arrival Situation and Supply Outlook

The guar seed arrival in Rajasthan mandis remains limited, as the market is currently dependent on old stock. Farmers are focused on Rabi crop harvesting, leading to reduced arrivals in the market.

Daily arrivals are estimated at around 10,000 bags (100 kg each). Fresh crop arrivals are expected only after the next harvest cycle, approximately 5–6 months later. This limited supply is providing some support to the guar seed price trend in India, preventing a sharp decline.

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Crude Oil Prices and Guar Gum Demand in Oil Industry

Global **Crude Oil prices remain elevated due to supply disruptions, particularly in regions such as the Middle East. However, the current price rise is largely supply-driven rather than demand-driven.

Since guar gum is widely used in Hydraulic Fracturing in the oil and gas industry, demand is closely linked to drilling activity. Market experts believe that only demand-driven crude oil growth will significantly boost guar gum consumption.

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Global Trade Slowdown Affecting Guar Market

The ongoing global trade slowdown is impacting demand for guar gum in international markets. Buyers are cautious due to geopolitical uncertainties, and confirmed export orders remain limited.

If geopolitical tensions continue, the guar gum export market in India may face further pressure in the near term, affecting overall guar market outlook.

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Rising Demand for Guar Meal in Animal Feed Industry

A key positive factor for the guar complex is the rising demand for guar meal (guar churi and guar korma) in the animal feed sector.

Global prices of soybean meal and corn have surged due to supply disruptions and rising costs. As a result, guar meal is increasingly being used as an alternative protein source, supporting demand in the livestock feed industry.

This trend is strengthening the guar processing industry and providing a demand cushion despite weak export sentiment.

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Guar Gum Export Data India

As per the Agricultural and Processed Food Products Export Development Authority (APEDA), India exported around 390,300 metric tonnes of guar gum between April 2025 and January 2026, valued at approximately USD 452.62 million.

The final export data for March 2026 is yet to be released, but total exports are expected to approach or exceed last year’s levels, reinforcing India’s dominance in the global guar gum export market.

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Guar Seed & Guar Gum Price Forecast

The guar seed and guar gum price forecast indicates a range-bound trend with a slightly weak bias in the near term.

Key Factors Influencing Guar Market:

• Selling pressure at higher levels
• Weak export demand and global trade slowdown
• Strong US Dollar impacting exports
• Limited arrivals supporting prices
• Rising demand from the animal feed industry

Overall, the guar market outlook remains stable but cautious. Prices are expected to trade within a defined range unless strong export demand or industrial consumption emerges.

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Conclusion

The guar seed and guar gum market in India is currently navigating a phase of consolidation with mixed signals. While short-term pressure persists due to weak exports and macroeconomic factors, strong fundamentals such as limited supply and growing feed demand continue to support the market.

Traders and stakeholders will closely track export enquiries, crude oil price trends, currency movements, and global demand to assess the next direction in guar prices.

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By Ganesh | Guargumcultivation Market Intelligence

📞 +91-9509888669

Disclaimer

The content presented herein is intended solely for general informational purposes. It has been prepared based on information available in the public domain and inputs gathered from various stakeholders within the guar seed and guar gum industry.

While every effort has been made to ensure accuracy and reliability, readers are advised to exercise their own judgment and conduct independent due diligence before making any financial or trading decisions. It is strongly recommended to consult a qualified financial advisor or take decisions in one’s own professional capacity.

The owner, publisher, and author of this content do not hold any position, direct or indirect, in guar seed, guar gum, or related commodities, and shall not be held responsible for any financial loss or decision taken based on this information.

Guar seed and guar gum prices declined due to weak buying interest at higher levels.

Guar Seed & Guar Gum Market Report (17 March 2026 )

Guar seed and guar gum prices declined due to weak buying interest at higher levels.

JAIPUR (Guargumcultivation Bureau) – 17/03/2026 : Guar seed and guar gum prices moved downward on Monday due to poor buying at higher levels in both local and forward markets. Ongoing geopolitical tensions, including the Gulf situation, have slowed trading activity across major guar trading centers. Due to political uncertainty, fresh export orders are currently limited.

Market participants are closely monitoring export demand, arrivals of guar seed in mandis, and procurement by processors. Additionally, processing units are facing operational challenges due to a shortage of LPG gas.

In the Jodhpur local mandi, guar seed is currently trading around ₹5,350 per 100 kg, while guar gum is quoted near ₹10,000 per 100 kg. Overall market sentiment remains weak. Processing units are facing difficulties due to LPG shortages, which are impacting roasting operations—an essential step in the guar seed processing cycle.

Guar seed and guar gum prices declined due to weak buying interest at higher levels.

In the spot market, good quality guar seed is trading near ₹5,300 per 100 kg, while average quality guar seed is priced around ₹5,100 per 100 kg. Standard quality guar gum is quoted close to ₹10,050 per 100 kg. In interior markets of Rajasthan, guar seed prices are reported in the range of ₹5,000 to ₹5,200 per 100 kg, depending on quality, moisture content, and local demand conditions.

In the futures segment on National Commodity & Derivatives Exchange (NCDEX), guar gum contracts traded weaker due to profit booking and selling pressure. The March guar gum contract (5 MT) was trading at ₹9,945 per 100 kg, down by ₹85 or 0.85%. The April contract was quoted at ₹10,076 per 100 kg, declining by ₹50 or 0.50%, while the May contract traded near ₹10,220 per 100 kg, showing no significant change. Open interest stood at 3,045 lots for March, 59,985 lots for April, and 2,070 lots for May, indicating active participation despite short-term corrections.

Similarly, guar seed futures also traded slightly lower on NCDEX. The March guar seed contract (10 MT) was trading around ₹5,390 per 100 kg, down by ₹33 or 0.61%. The April contract was quoted at ₹5,446 per 100 kg, declining by ₹31 or 0.57%, while the May contract stood at ₹5,497 per 100 kg, down by ₹23 or 0.42%. Open interest was recorded at 6,330 lots for March, 5,330 lots for April, and 4,530 lots for May contracts.

Arrival Situation

Daily arrivals of guar seed in major mandis across Rajasthan remain low, as farmers are currently engaged in harvesting and other rabi crop operations. Due to weak demand from millers, farmers are not receiving favorable prices. Both farmers and traders are expecting price improvement in the coming weeks.

LPG Shortage Impact on Processing

The ongoing geopolitical tensions involving the USA and Iran have led to a shortage of LPG supply. Availability of commercial LPG remains limited. Many processing units established in recent years rely heavily on LPG for guar gum split processing. As a result, millers are facing operational constraints. If the situation persists, it may further disrupt processing activities and market supply chains.

By Guargumcultivation

📞 Contact: +91-9509888669

Guar Seed & Guar Gum declined due to profit booking at upper levels. ( Guar Seed & Guar Gum Market Report )

 Guar Seed & Guar Gum Market Report

Guar Seed & Guar Gum declined due to profit booking at upper levels.

Guar seed and guar gum prices witnessed a mild decline in domestic markets on Wednesday due to profit booking at higher levels after the recent rally. Selling pressure was observed across major trading centres in Rajasthan, while market participants continued to track export enquiries, global crude oil price movements, and increasing demand for cattle feed, which are currently influencing sentiment in the guar complex.

In the Jodhpur physical commodities market, guar seed is currently trading around ₹5,450 per 100 kg, while guar gum is quoted near ₹10,100 per 100 kg. The overall market sentiment remains weak to stable, though traders believe that improving industrial demand and export enquiries may provide underlying support to prices in the coming sessions.

In the spot market, good quality guar seed is being traded close to ₹5,400 per 100 kg, while average quality guar seed is quoted around ₹5,200 per 100 kg. Standard quality guar gum is traded near ₹10,100 per 100 kg. In interior markets of Rajasthan, guar seed prices are reported in the range of ₹5,000 to ₹5,200 per 100 kg, depending on quality, moisture level, and local demand conditions.

In the futures segment on NCDEX (National Commodity & Derivatives Exchange), guar gum contracts traded lower due to profit booking and selling pressure. The March contract of guar gum (5 MT) was trading at ₹10,026 per 100 kg, declining by ₹66 or 0.66%, while the April contract was quoted at ₹10,171 per 100 kg, down by ₹75 or 0.74%. The May contract was trading near ₹10,370 per 100 kg, showing a decline of ₹86 or 0.83%. Open interest in these contracts stood at 12,160 lots for March, 54,090 lots for April, and 5,569 lots for May, indicating active participation by traders despite the short-term correction.

Similarly, guar seed futures also traded slightly lower in the NCDEX market. The March guar seed contract (10 MT) was trading around ₹5,461 per 100 kg, declining by ₹40 or 0.73%, while the April contract was quoted at ₹5,515 per 100 kg, down by ₹43 or 0.78%. However, the May contract was trading marginally higher at ₹5,569 per 100 kg, gaining ₹1 or 0.02%, indicating some buying interest at lower levels. Open interest stood at 16,225 lots for March, 47,610 lots for April, and 35 lots for May contracts.

Arrival Situation

Daily arrivals of guar seed in major mandis of Rajasthan remain moderate, as farmers are currently holding their stocks in anticipation of better prices. Compared with previous seasons, arrivals during the current marketing season have been relatively slower, mainly due to lower production and cautious selling by farmers. This restrained supply in the physical market is providing partial support to prices despite short-term corrections in the futures segment.

Weak Monsoon Impact on Production

One of the key fundamental factors influencing the guar market this season is the weak southwest monsoon in several guar-growing regions of Rajasthan and Haryana. Due to below-normal rainfall during the crop growth period, overall guar production is estimated to be lower compared to the previous year. Reduced crop output is tightening the overall supply scenario in the market and providing structural support to guar seed and guar gum prices.

Rising Crude Oil Prices Supporting Industrial Demand

Another major factor supporting the guar complex is the rise in international crude oil prices. Higher crude prices typically encourage increased drilling activity in the oil and gas sector, where guar gum is widely used in hydraulic fracturing fluids. As drilling activity strengthens, global demand for guar gum tends to increase, which indirectly supports guar seed prices in India. Market participants believe that if crude oil prices continue to remain firm, industrial demand for guar gum may improve further in the coming months.

Increasing Demand for Cattle Feed

Demand for guar meal and guar churi, which are widely used as cattle feed protein, has also increased in recent weeks. Supply disruptions in global soybean markets due to geopolitical tensions, including the Iran-USA conflict, have created uncertainty in the availability of soybean meal, which is traditionally used as a major protein source in animal feed. As a result, guar meal is increasingly being used as an alternative protein feed, which is supporting the overall demand for guar processing products.

Market Outlook

Considering the current market fundamentals — lower guar production due to weak monsoon conditions, rising crude oil prices supporting oilfield demand, increasing cattle feed demand for guar meal, and moderate mandi arrivals — the guar complex is expected to maintain a firm undertone in the near term.

However, short-term volatility may continue in the futures market due to speculative trading and profit booking. Market participants will closely monitor export enquiries, crude oil price movements, global drilling activity, and mandi arrivals for further direction in guar seed and guar gum prices. Overall, the guar market is likely to remain range-bound but supported by strong underlying fundamentals in the coming weeks.