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