Large Scale Guar seed or Guar gum Commercial Cultivation Consultancy

🌱 Looking for a crop that thrives in tough conditions, requires minimal investment, and delivers high returns? Meet Guar (Cyamopsis tetragonoloba) – the drought-resistant, high-profit crop that’s revolutionizing agriculture. Whether you're a farmer looking for a low-risk, high-reward option or an agribusiness investor seeking export-driven opportunities, Guar farming could be your next big success story. Grow Guar, Grow Profits – Your Path to Sustainable & High-Return Farming

Unlock the Potential of Guar Seed & Guar Gum Cultivation with Expert Guidance

At Agrotech Agriculture Agribusiness Consultancy, we specialize in helping farmers and investors turn Guar cultivation into a profitable venture. With decades of expertise in commercial Guar farming, market access, and processing strategies, we provide end-to-end consultancy to ensure you maximize yields, minimize risks, and get top market value for your crop.

Why Guar? Why Now?

🌿 A Crop That Thrives Where Others Struggle

Guar is a true survivor. It flourishes in dry, arid regions where water is scarce and other crops fail. Thanks to its drought-resistant nature, it’s an ideal choice for farmers looking to increase income with minimal irrigation costs.

💰 High-Profit Market with Global Demand

Guar gum, extracted from Guar seeds, is a multi-billion-dollar industry. Used in everything from oil drilling and pharmaceuticals to food processing and cosmetics, it’s in constant demand worldwide.

🚀 Top Guar Buyers Include:

✅ Oil & Gas Industry – Hydraulic fracturing (fracking) operations in the USA & Middle East

✅ Food Industry – Ice cream, dairy, gluten-free products, and sauces

✅ Pharmaceuticals – Thickening agents for medicines and supplements

✅ Personal Care – Skincare and haircare products

✅ Textile & Paper – Printing, dyeing, and textile finishing

Large Scale Guar seed or Guar gum Commercial Cultivation Consultancy

🌱 Sustainable & Eco-Friendly Farming

• Low-input crop: Requires minimal pesticides and fertilizers

• Improves soil health: A nitrogen-fixing plant that enhances fertility for future crops

• Carbon credits & organic farming potential: A sustainable choice with added financial benefits

🌎 Perfect for Large-Scale & Export Farming

The USA, China, and Europe import thousands of tons of Guar gum every year. If you’re looking for a profitable, large-scale commercial crop with international market potential, Guar farming is a smart investment.

How We Help You Succeed in Guar Farming

📍 Step 1: Feasibility & Land Selection

• We analyze soil, climate, and water availability to identify the best conditions for high-yield Guar farming.

• Custom strategies for small-scale farmers or large commercial operations.

🌾 Step 2: Best Farming Practices for Maximum Yield

• Choosing the right Guar seed varieties for your region.

• Precision planting & irrigation techniques to optimize yield.

• Integrated pest and disease management for healthier crops.

🚜 Step 3: Harvesting & Post-Harvest Processing

• Expert guidance on best harvesting times to ensure top-quality Guar seeds.

• Processing strategies to increase Guar gum yield and market value.

• Storage solutions to maintain seed quality and prevent losses.

📈 Step 4: Market Access & Profit Maximization

• Direct connections with bulk buyers, traders, and export markets.

• Assistance in obtaining organic & sustainable certifications for premium pricing.

• Support in Guar gum processing & value addition for higher profit margins.

💰 Step 5: Financial Assistance & Investment Guidance

• Help with government subsidies, agricultural loans, and grants.

• Carbon credit monetization opportunities.

• Business planning for agripreneurs and large-scale investors.

Why Work With Agrotech Agriculture Agribusiness Consultancy?

✅ Decades of Expertise in Guar Farming – We bring real-world experience in scientific Guar farming, processing, and export market strategies.

✅ Tailored Solutions for Maximum Profitability – Whether you're a first-time farmer or an agribusiness investor, we customize our approach to match your goals.

✅ Direct Buyer & Industry Network Access – No middlemen. We connect you directly with exporters, traders, and industrial buyers to get the best prices for your Guar crop.

✅ Sustainable & Organic Farming Support – We help farmers transition to organic Guar farming for higher profits and long-term soil health.

✅ End-to-End Support – From Planning to Profits – We guide you through every step, ensuring higher yields, efficient processing, and profitable sales.

Make Guar Farming Your Next Big Success!

💡 Are you ready to tap into the global Guar market? Whether you’re a small farmer, commercial grower, or agribusiness investor, our team will help you navigate every stage of Guar farming for maximum returns and long-term success.

📞 Call Us: +91-995OO64449

📧 Email Us: agrotechconsultancy{at}gmail.com

🌐 Visit Our Website: https://www.agrotechconsultancy.in

Follow Us for Expert Farming Tips & Market Insights

📌 Facebook: https://www.facebook.com/agrotechconsultancy

📌 LinkedIn: https://www.linkedin.com/company/agrotechagricultureconsultancy

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Start Growing Guar Today – A Smart Crop for High Profits & Sustainability! 🚜💚

Export of Guar Gum has increased by 12.42% in year 2021-22

As per export data provided by the “Agricultural and Processed Food Products Export Development Authority”(APEDA) for the period of April-2021 to January -2022, guar gum export has Increased by 12.42% or 29,187 MT, from 2,34,871MT in year 2020-21 to 2,64,058 MT in current year 2021-22 for the same period. Increasing export of guar gum and other guar products are good for guar growing farmers and whole guar gum industry. Guar is a very special agriculture crop, guar gum is processed product derived from guar crop it is used in various industries from food, pharmaceuticals, to drilling and fracking chemical. 

Major portion of guargum is exported to USA and other destinations for oil and natural gas industry. Currently oil and natural gas industry is bullish to NATO -RUSSIA war. Oil prices are increasing due to poor supply of crude oil in market after the ban on Russian crude oil. Crude oil is being traded around USD 111.27 /Barrel.

Export of Guar Gum has increased by 12.42% in year 2021-22

For the current year there will be two basis factors which will support the higher prices of guar price, first factor will be lower production and second factor will be increased export of guar gum and guar products. European countries are planning to switch from Russian Crude oil and natural gas.

Oil rig count is decreasing in USA. As per Baker Hudges oil rig count currently 693 oil rig are active in USA which is 254 higher than previous year oil rig count during same period. Increasing oil rig count and drilling activities is a positive news for the indian guar gum industry. Global demand of crude oil will boost the oil prices and that will lead to increase in new oil drilling activities in USA.

As on today NCDEX guar seed price is INR 6364/Quintal for 20th May contract. NCDEX spot price is INR 6350/Quintal. NCDEX guar gum price is INR 12452/Quintal for 20th May contract. NCDEX spot price is INR 12400/Quintal. In local physical markets (Mandi) guar seed prices is INR 6200/Quintal and guar gum prices is INR 12500/Quintal.

Guar seed and Guar gum cultivation consultancy

Guar is an arid crop grown in western arid part of India. Botanically it is known as Cyamopsis tetragonoloba. Western part of India ( Rajasthna)  is an arid area and rainfall in this area is also very low. Guar crop is grown here since centuries. Guar seed is processed into Guar gum powder, which is used in many industries like crude oil and natural gas, food processing, textile pharmaceuticals etc.... In Portuguese guar gum is known as "Goma De Guar" in Spanish it is known as "Goma de Guar". In German it is known as "Guarkernmehl". In French it is Known as "La gommede guar". In Russian it is known as  "Гуаровая камедь". In greek it is known as " κόμμιγκουάρ ". In Swedish it is known as " Guargummi ". In Chinese It is known as "瓜爾豆膠 " In Italian it is known as "Gomma di Guar". In polish it is known as "Guma guar".

Guar is an annual legume crop. It is cultivated in low water condition, It requires well drainage soils for good root development.  Guar is a nitrogen fixation crop and it is used as green manure. Green pods of Guar is used as vegetable purpose like other beans.  Guar plant  is good fodder for cattle. Cooked  Guar seed is used as concentrated feed for milking cattle's. By product of guar seed processing is known as Guar meal, Guar korma. There is 50-56% protein in Guar Korma.

Guar gum seed is an industrial crop. Guar seed is processed into guar split and guar splits are further processed into Guar gum powder. Guar gum power is used in various industries. Guar gum has various food applications. Guar gum is used as  viscosity  agent. Guar gum is also used as stabilizer. Guar gum is widely used in sauces, ketchup, juices, ice cream , biscuits, Gluten free cooking and many more . Guar gum is  used in printing industry as moisture retention in Ink. Guar gum is used in paper industry. Guar gum is used in textile industry.

Guar gum is also used in cosmetic items, shampoo, moisturizers, liquid shop, lipsticks and many more. Guar gum is also used in pharmaceuticals industry as binding agent , viscosity agent. Guar gum is  also used as dietary fibers. Guar gum used in fish and meat industry. The major application of guar gum is in oil and natural gas industry. Guar gum is used as drilling chemical in Oil and Natural Gas Industry. Around 60 % demand of Guar gum  arises from oil and Natural Gas Industry.

Guar gum is very good agriculture crop. Guar gum is beneficial at every stage, green stage is used as green manure, Green pods of Guar gum are is used as vegetable, Guar gum Seeds is used as cattle concentrate. We provide complete solution for Guar gum and Guar gum seed cultivation and guar  gum seed processing, with complete market intelligence and product information. We have provided our services in many countries.


Please feel free to contact us :
Email : ganeshprajapat@gmail.com
Call/Whatsapp +91-9509888669
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Guar Korma export and support to Guar seed & Guar gum prices.

Reports are coming from different sources that early Monsoon arrival will be late and poor at the initial stage. It is the big concern for Govt and farmers as Kharif is major cropping season in India. Early rainfall leads to early sowing and early maturity of Kharif crop and early sowing of rabi crop. It means complete agriculture season will remain good and intact. If monsoon delays, then it will also impact on the performance of Rabi crop.

Currently, guar seed is being traded around 3700/100Kg in interior location guar seed is being traded around 3500/100Kg. Farmers are not willing to take guar crop in the irrigated area. As opportunity cost of land is higher than guar seed production. This year Guar has not given the good return on last guar crop production. One time it touched the level of 4800/100Kg but after it never gave any chance to profit. This year all the fundamentals, related to guar gum industry were positive, crude oil prices were higher than previous two years, oil rigs counts were increasing regularly.

This year Guar korma was a major support to Guar gum industry. It is making guar seed processing industry profitable. After Guar gum powder and Guar gum split,  guar korma has emerged as third major exportable commodity derived from Guar. There is the huge demand for roasted guar korma in the international market. After roasting indigestible material in guar korma become digestible. Protein content in guar korma also increases due to the roasting process. Roasted Guar Korma is generating good revenue for guar gum industry. As per today's price Roasted Guar Korma cost around Rs 3100/100Kg at factory unpacked. Guar seed processing industries are not running in loss, they are running in profit.  

If the support of guar korma will continue then Guar gum industry can easily make profit. There is also the prediction of further price rise of Crude oil. Oil drilling activities in the USA will keep increasing. Fracking technology is being popular across the world and more shell crude oil exploration will start. If trade war between China and USA become wider then Indian Guar gum industry may benefit from it.
     

Guar seed and Guar gum prices are being traded in the upward direction in local markets. Prices of Guar seed and Guar gum are quoted higher than Commodity exchanges. Future trading of Guar seed and Guar gum are weak due to poor buying and weak export demand. Good quality of guar seed is traded at Rs 3700/100Kg and average quality guar seed is traded at Rs 3600/100 Kg. Standard quality guar gum is traded at Rs 7600/100 kg. In interior location, guar seed is traded up to 3500/100 Kg. Guar seed is being traded weak in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is being traded at Rs 3665, 3822 lower by 0.34 percent or INR 12.5/100 Kg, 0.29 percent or INR 11/100 Kg with the open interest of 91420, 12810 for July and October month contracts.

Guar gum is also being traded weak in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT is being traded at Rs 7612, 7912 lower by 0.48 percent or Rs 37/100Kg, 0.52 percent or Rs 42/100 with an open interest of 91420, 12810 for July and October month contracts.

Arrival of monsoon and Guar Seed & Guar gum prices

Monsoon will be delayed in Rajasthan by one week as per current update by metrological department Rajasthan. Initial predictions of Monsoon will remain Normal. Guar is major Kharif crop in guar growing belt. Cotton, paddy is major parallel crop in irrigated Guar growing belt. At the current price of Farmers of the irrigated belt will prefer Paddy and Cotton over Guar. MSP of Cotton is around 4300/100Kg and MSP of paddy is 1500/!00Kg. In Rainfed area, Moong, Moth, Urad are the major parallel crop to Guar growing in the same period. MSP of Kharif pulses is also high. MSP of Moong is 5575/100Kg and MSP of URAD is 5400/100Kg. Guar crop is not included under MSP.

This is last year of crop production before next Lok Sabha general election. It is also expected that Govt will procure agriculture commodities from farmers. Govt generally purchases cereals and pulses at MSP. Farmers will not go for guar cultivation in the large area. Monsoon is also expected normal so there is assurance of good crop production of other crops.

Fracking activities are increasing in the USA. Trade-war between China and USA is growing so there are possibilities that Chinese export of Guar gum and another drilling chemical will face extra duty. This imposes of extra duty will benefit Indian guar gum export business. This is the start of the fiscal year in USA, new order of guar gum will start to come within one-two months. Currently, Crude oil is little low. OPEC is expected to cut more crude oil production. This will lead to price rise of crude oil. And Fracking industry will benefit from the price rise of crude oil. 

After 20th July guar seed and guar gum contract, there is no forward contract delivery up to next 90 days. NCDEX is major hedging instrument for guar gum and guar split exporters. Without delivery, It will be problematic for exporters to discover prices of guar seed and guar gum. Speculators will also remain away during this period. Overall this is beneficial that prices in sowing period are lower than in previous years. Overall gaur cultivation area will be lower than previous years. Produce of current crop production cycle will come in the month of November. Still, there are 5 months to go with last year crop produce. In near future, in next two months, there is not much up and down in guar seed prices. Guar gum prices may show the sudden effect of market demand.

Will guar seed and guar gum prices keep falling ?

Guar seed and Guar gum prices are going down and down regularly. Guar gum prices are affected poorly. Prices OF Guar gum has fallen below the level of Rs 7500/100 Kg and Guar seed has fallen below the level of Rs 3600/100Kg. The situation is worrying to Guar seed and Guar gum investors, exporters and farmers. This Year Guar was started to Trade above 3500/100Kg level and once it reached near to 4900/100Kg level.

This year Production of Guar seed was lower than the previous year, the demand for Guar gum is higher than previous production cycle. Export Guar gum is also higher than the previous year, currently, the arrival of Guar seed is also poor. All the fundamental factors for guar business are positive. After that Guar seed and Guar gum prices are falling regularly. 

Meanwhile, some news is spread to justify the Guar seed and Guar gum prices downfall that supply of slick water chemical has increased as slickwater chemicals are cheaper than Guar gum. But it is not true, as the percentage of Guar gum / slick water chemical is total chemical is very low, that doesn’t make any difference at the current price level. As per news that supply of slick water chemical is at lower prices than Guar gum, even after this news India is exporting 30000 MT Guar gum per month. There is no change in demand due to slick water chemicals or any other alternates.

Another news is spread that Monsoon is Normal. At the Initial stage, normal monsoon prediction doesn’t make any difference as the sowing of Guar seed keeps going up to the first week of August month. In the case of poor rainfall, it may affect but if predictions are normal than it doesn’t make any difference at the current time. As the new crop production cycle will start after 5 Months. The demand for Guar gum increasing regularly. 

New Guar seed harvest will come in market in the month of November. Still, there are 5 months to go with the current stock of Guar seed, to complete the export demand. No one knows the production of Guar seed in next production cycle. Still, there is the demand of 60-80 lac bags of Guar seed in next 5-6 Months. This year MSP of Kharif pulses are also high. Guar seed is not supported under MSP. Farmer will prefer to go for other Kharif pulses over Guar seed due to higher MSP. Cultivation area of Guar seed will shrink as MSP of other pulses are higher and current price level of Guar seed is also low. If current price level will remain low for two months then it is good for Guar seed and Guar gum prices in future.

Generally, NCDEX works as price discovery and hedging tool for Guar seed and Guar gum. For next three months, there is no contract in NCDEX Guar seed and Guar gum. There are possibilities that Prices may respond to actual arrival in the market. Actual arrival of Guar seed in the market is very low at this time. Oil drilling rig counts are increasing in USA and Canada and that is the major positive factor. Increasing drilling activities will lead to higher demand for Guar gum powder. 

Guar seed and Guar gum prices are strong in the local physical markets. Prices of Guar seed and Guar gum are quoted higher than Commodity exchanges. Future trading of Guar seed and Guar gum is also expected to remain low with selling pressure at upper levels. Good quality of guar seed is traded at Rs 3600/100Kg and average quality guar seed is traded at Rs 3500/100 Kg. Standard quality guar gum is traded at Rs 7600/100 kg. In interior location, guar seed is traded up to 3400/100 Kg. guar seed is being traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is traded at Rs 3579, 3637, 3788 higher by 0.48 percent or INR 17/100 Kg, 0.43 percent or INR 15.5/100 Kg, 1.32 per cent or INR 49.5/100 Kg with open interest of 37670, 71580, 3680 for June July and October month contracts.

Guar gum is also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT is traded at Rs 7436, 7531, 7840 higher by 1.33 percent or Rs 98/100Kg, 1.33 percent or Rs 99/100, 1.3 percent or Rs 101/100 with an open interest of 13940, 50400, 1110 for June , July and October month contracts.

Are slick water chemicals, major reason behind Guar seed and guar gum price fall ?

Prices of Guar seed and guar gum is falling during its peak demand and tight supply period. Many reasons are given behind the price fall of Guar seed and guar gum. One reason is saying that production of Guar seed is increasing. Another reason is given that there supply of substitutes of guar gum at lesser price exported from China. Both the reasons seem completely wrong for falling price of Guar seed and guar gum. As the arrival of Guar seed starts from the month of November and by the month of January there is peak arrival time. This is May month right now so it can’t be justified that arrival of Guar seed has increased after six months of harvesting. Since Guar seed is grown only in India and it is grown only in one season so there is no reason to justify that arrival or production has increased in mid-season.

Another reason is given that China is supplying slick water chemical at half price of guar gum. This justification is also wrong. Slick water is not new chemical this technology is as old as guar gum. Slick water is not a substitute for guar gum. Guar gum has some specific quality which can’t be substitute by slick water. Slick water chemical in not cheaper than guar gum. Slick water chemicals cost more than 2000 USD/MT. Where is Guar is being exported at 1300-1500 USD/MT.

Since crude prices are increasing so demand for guar gum is also increasing. Export data of guar gum until this time is positive. All the fundamentals of Guar seed and guar gum business are positive. Speculative trends are damaging the Guar seed and guar gum industry. Guar seed and guar gum traders/farmers must avoid distress selling of Guar seed and guar gum under price fall pressure. Distress selling will put more pressure on current falling prices of Guar seed and guar gum. USA has put it out from the nuclear deal with IRAN. That will lead to sanctions against IRAN. There will be the tight supply of crude oil in the global market. With increasing crude oil prices USA will increase the production of crude oil. US crude oil supply will fill the vacuum due to Iranian oil. 

Guar seed and Guar gum prices are strong in the local physical markets. Prices of Guar seed and Guar gum are quoted higher than Commodity exchanges. Future trading of Guar seed and Guar gum are strong with increasing export demand and crude oil price. Good quality of guar seed is traded at Rs 3950/100Kg and average quality guar seed is traded at Rs 3800/100 Kg. Standard quality guar gum is traded at Rs 8250/100 kg. In interior location, guar seed is traded up to 3700/100 Kg. Guar seed is being traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is being traded at Rs 3752, 3814, 3865 higher by 1 percent or INR 37/100 Kg, 0.73 percent or INR 27.5/100 Kg, 0.7 percent or INR 27/100 Kg with open interest of 7760, 91490, 12560 for May, June and July month contracts.

Guar gum is also being traded high in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT is being traded at Rs 8284, 8367, 8470 higher by 0.44 percent or Rs 36/100Kg, 0.6 percent or Rs 50/100, 0.62 percent or Rs 52/100 with an open interest of 2750, 57470, 1675 for May, June and July month contracts.

Guar seed and Guar gum prices are decreasing despite rig count is increasing.

During these two weeks, there was a steep downfall in Guar seed and Guar gum prices. There were two lower circuits in NCDEX in last week,. Due to the downfall in prices of Guar seed and Guar gum, there is fear among all the stack holders and whole Guar seed and Guar gum Industry. As per market man arrival of Guar seed and Guar gum is the physical market is almost nil. Oil drilling companies in US has added 11 new rigs in this week. As per data released by Baker Hughes, there is the addition of 9 active oil rigs, 1 active gas rig and 1 miscellaneous rig in existing rig count.

Crude oil prices are increasing slowly and slowly and stabilizing above USD70/barrel. WTI crude oil is being traded above USD 69.72/barrel and Brent crude oil is being traded above USD 74.87/barrel. It is expected that prices will increase further. Guar gum export data of previous fiscal year were released by APEDA in last week of April. These export data of Guar gum are also positive. Export of Guar gum has increased in both monetary and quantity terms.

Prices of Guar seed and Guar gum is moving downward due to speculative trading in NCDEX (National Commodity & Derivatives Exchange Ltd). Due to speculative trading, small investors in Guar seed and Guar gum of NCDEX (National Commodity & Derivatives Exchange Ltd) were moved out with loss by to continuous hitting of stop loss targets. 4000 level of Guar seed was considered as the lower side. Prices of Guar seed hit with the lower circuit. Subsequently, on next day there was another lower circuit hit. 

As per market men availability of Guar seed and Guar gum is very limited. Due to the shortage of Guar seed in market speculators are heavily active in the market. They want to capture Guar seed and Guar gum market at lower prices, that’s why this sudden downfall movement seems very speculative. Marketman doesn’t see any fundamental reason behind the steep downfall in prices of Guar seed and Guar gum. 

Oil prices will gain further as OPEC will cut down oil production to move the oil prices upside toward USD 100/barrel. If the prices of crude oil go up then fracking activities will increase in the USA and other countries. Currently, USA is the major importer of Indian Guar gum powder. There are chances that prices of Guar seed and Guar gum will move upside with increasing crude oil prices and increasing drilling activities. 

Guar seed and Guar gum prices are strong in the local physical markets. Prices of Guar seed and Guar gum are quoted higher than Commodity exchanges. Future trading of Guar seed and Guar gum is also expected to be strong with increasing export demand and crude oil price. Good quality of guar seed is traded at Rs 3900/100Kg and average quality guar seed is traded at Rs 3750/100 Kg. Standard quality guar gum is traded at Rs 8200/100 kg. In interior location, guar seed is traded up to 3700/100 Kg. guar seed is being traded weak in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT was closed at Rs 3725, 3786, 3832 lower by 1.29 percent or INR 48.5/100 Kg, 1.05 percent or INR 40/100 Kg, 2.26 percent or INR 88.5/100 Kg with open interest of 66700, 67250, 9180 for May, June and July month contracts.

Guar gum was also closed low in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT was closed at Rs 8188, 8302, 8395 lower by 1.90 percent or Rs 90/100Kg, 0.88 percent or Rs 74/100, 1.62 percent or Rs 138/100 with an open interest of 20155, 45270, 400 for May, June and July month contracts.

Guar Gum Export from India is increasing continuously

Guar gum is major export farm commodity from India. It is produced after processing of Gaur seed. India produces more than 85 % Guar Seed of the world. Normally there is 27% - 30% recovery of guar gum split from Guar seed. Guar Gum splits are further processed into guar gum powder. If we analyze the data of guar seed export of last eight years. In the Year 2017-18, there was the export of 4,49,126 MT of guar gum. Guar gum export It is increasing continuously since last three years. This year there was fourth highest export in last eight years. Most of Guar gum powder is used is oil and Natural Gas industry as drilling chemical/ ingredient.

Guar Gum Export Quantity (MT) From India (2010 to 2017)

Oil prices are continuously recovering from last fiscal year. Currently, prices of crude oil are maintaining its level above USD 70 /barrel. That is good for Indian Guar gum industry as this level will attract more investment to oil exploration sector. Drilling activities are regularly increasing in USA. The demand for Guar gum will increase with increasing drilling activities in the USA. USA is the major destination for Indian Gaur Gum powder.