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

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