Guar seed and guar gum price are kept growing.

Guar seed and guar gum price are getting the boost from export demand.  Processing companies are buying guar at upper prices. With increasing drilling activity in USA, the demand for guar gum powder is increasing. Export orders of Guar and Guar gum have started to reach to Indian guar gum industry. Prices are growing. Big Processors are hedging their orders in NCDEX and booking their guar seed and guar gum split.  

Crude oil prices remained stable but lower than USD70/ barrel. There is news that Russian has cut down its crude oil production. It will give stability to oil prices.  USA is slowly and slowly increasing its international crude oil export share. As per Goldman Sachs, crude oil will cross the level of USD 80/barrel within 6 months. Within 3 months oil will cross the level of USD 75/barrel. Indian guar gum industry will benefit from it. Oil drilling activities will continue during this crude oil price rise.

Good quality of guar seed is traded at Rs 4700/100Kg and average quality guar seed is traded at Rs 4500/100 Kg. Standard quality guar gum is traded at Rs 10300/100 kg. In interior location, guar is traded up to 4300/100 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 4671, 4735, 4799 higher by 0.26 percent or INR 12/100 Kg, 0.33 percent or INR 15.5/100 Kg, 0.39 percent or INR 18.5/100 Kg with open interest of 96610, 134720, 15870 for February, March and April month.

AGROCHEMICAL SPRAY GUAR GUM FARMING

Guar gum is being traded strongly in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT is being traded at Rs 10326, 10497, 10621 higher by 1.28 percent or Rs 130/100Kg, 1.29 percent or Rs 133/100 Kg, 1.35 percent or Rs 141/100 Kg with open interest of 18030, 63385, 1045 for February, March and April contract.

The arrival of guar is below 20,000 bags per day.  The market is crazy for 5000 level. Farmers and traders are waiting for Rs 5000/100Kg level. Guar Churi korma is also strong due to upward movement in soybean. The physical market of guar is very strong. Strong buying has noticed in physical market at upper prices.  

Guar gum export has declined 38.47% as compared to last quarter( Jan-15, Feb-15 and March-15)

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.

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%

  

Post harvest practices of guar gum seed (cleaning & removal of  husk and other foreign particles ) 

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.