Guar gum production, guar gum export and current price trend.

Guar is legume crop grown in Rajasthan Haryna, Gujarat (India) and some part of Pakistan. Crop has emerged as major industrial crop of the desert area of India and Pakistan. Guar seed are harvested from Guar crop. Guar seeds are further processed into the guar gum split and guar gum powder. Guar protein/ Guar meal/ Guar Churi Korma is by product of guar gum processing industry. Major part of Guar gum powder is used in Oil and Natural Gas Industry. USA, Norway China, Netherlands and Russia are major importer of Indian guar gum powder. It is used in fracking process for shale oil and gas production. India has exported 3,30,974 MT of guar gum and other guar products from April-2018 to November-2019. India exported total 1,13,191 MT guar gum and other guar products only to USA, which is 34.19% of total export quantity. After it, Norway is major destination for Indian guar products. India exported 45,284 MT guar products to Norway, which is 13.68 % of total guar products export. 

USA import Guar gum powder for fracking process in oil and natural gas well drilling industry. USA has emerged as leading producer of crude oil after USA and ambitious to become the leader of crude oil trade. After this USA import guar gum powder for food processing and pharmaceutical industry. Guar gum powder is used in food processing as thicker agent, it is used in ice cream and dessert. Now use of guar gum powder is increasing for gluten free cooking. Many people are allergic to gluten content in wheat and other food material. Application of guar gum can increase in many other industries. Industries and people in USA are not too much aware about Guar gum. Many people ask in USA that what is guar gum ? 

Guar gum production, guar gum export and current price trend. 

Guar churi/Korma is used as animal feed and cattle feed. Guar gum is rich source of protein. It is widely use in cattle feed, fish meal, pet food. Now cattle feed industries in Europe and USA are using it as replacement of soybean meal. Soybean prices are in upward movement due to trade dispute between China and USA. Churi Korma may get new market as replacement of Soya meal. There is more than 42% protein content in Guar Churi korma in raw form. It may go more than 52% after cleaning and roasting. Export of Guar korma and Guar churi in increasing at premium price. Though traditionally guar is used as cattle feed in guar seed / guar gum cultivation area. 

This year price trend for guar seed and guar gum is very speculative. Guar bhav are regularly fluctuating with price movement in NCDEX guar seed guar gum price. Arrival of new production of Guar in local guar mandi will be all most stop after January. A miner quantity will come from the big farmers and local traders. Whenever prices go up toward the 5000/100 Kg then investors trim the upper positions and book their profit. At lower side once the prices go down to 4200/100 Kg then strong buying is noticed at lower level.

क्या ग्वार व ग्वार गम के भावों में, बीएसई पर ग्वार के वायदा व्यापार की मंजूरी से तेज़ी आएगी ?

पिछले सप्ताह बीएसई (बोम्बे स्टॉक एक्सचेंज) को सेबी (भारतीय प्रतिभूति और विनिमय बोर्ड) से ग्वार सीड व ग्वार गम के 10 मीट्रिक टन सौदे के वायदा व्यापार के लिए मंजूरी मिल गयी है । इसके साथ ही बीएसई (बोम्बे स्टॉक एक्सचेंज) एक यूनिवर्सल स्टॉक एक्सचेंज हो जाएगा, जिस पर सभी प्रकार की परिसम्पति उत्पादों (शेयर, म्यूच्यूअल फण्ड, मुद्रा, धातु, कमोडिटी ) का व्यापार होता हो । इसके साथ ही ग्वार सीड व ग्वार गम का वायदा व्यापार दो वायदा बाज़ारों में शुरू हो जायेगा। ग्वार सीड व ग्वार गम का वायदा व्यापार अभी एनसीडीएक्स (NCDEX ) पर ही होता है। इससे पहले ग्वार सीड व ग्वार गम का वायदा व्यापार एनसीडीएक्स (NCDEX) के अलावा एमसीएक्स (MCX) पर होता था लेकिन वर्ष 2013 से ग्वार का व्यापार बंद है।

वैसे तो अभी एनसीडीएक्स (NCDEX) सेबी (भारतीय प्रतिभूति और विनिमय बोर्ड) के दिशा निर्देश में ही ट्रेड करता है लेकिन बीएसई (बोम्बे स्टॉक एक्सचेंज) के प्रवेश के साथ ग्वार के व्यापार में और भी पारदर्शिता व मजबूती आएगी । बीएसई (बोम्बे स्टॉक एक्सचेंज) ने वायदा व्यापार के सफल संचालन के लिए कई प्रतिष्ठित व्यापारिक संस्थान, वेयर हाउस कंपनी, परिवहन कंपनियों से समझौते किए है । 

क्या ग्वार व ग्वार गम के भावों में, बीएसई पर ग्वार के वायदा व्यापार की मंजूरी से तेज़ी आएगी ? 

पिछले सप्ताह के अंत में जनवरी-2019 माह के वायदा सौदे के निस्तारण के कारण बिकवाली के दबाब में ग्वार के भावों में कमी आ गई थी। अत्यधिक सट्टेबाज़ी के चलते बाज़ार में निचले भावों पर खरीदारी करके ऊँचे भावों पर मुनाफा वसूली का दौर पिछले 3-4 महीनों से चल रह है । स्थानीय बाज़ारों में ग्वार की घटती आवक के साथ ग्वार के भावों को नीचे की तरफ स्थिरता मिल सकती है । कीमतों का रुख दिसम्बर व जनवरी माह के निर्यात के आंकड़ों पर निर्भर करेगा । अगर आंकड़े पिछले वर्ष से बढ़ कर आते है तो अक्तूबर 2019 तक ग्वार के भावों में तेज़ी बनी रहेगी, नहीं तो ग्वार के उत्पादों पर फ़रवरी महीने से बिकवाली का दबाब बनेगा । नवम्बर दिसम्बर जनवरी में ग्वार के उत्पादन के बाज़ार में आने का समय होता है। आवक के समय पर कृषि जिंसों की कीमतों में दबाव बना रहता है । जनवरी अंत तक ग्वार की मुख्य आवक लगभग समाप्त हो जाएगी ।

अन्तराष्ट्रीय बाज़ारों में कच्चे तेल की कीमतों में तेज़ी आ रही है, जिसका आने वाले दिनों में ग्वार के भावों पर असर पड़ सकता है । कच्चे तेल की कीमतों में पिछले 30 दिनों में 20-25 % तक बढ़ोतरी हो गयी है । बढते क्रूड आयल की कीमतों से अमेरिका में फ्रेकिंग तकनीक से कच्चे तेल का उत्पादन बढ सकता है, जिससे ग्वार गम के निर्यात में तेज़ी आ सकती है । बेकर-हुज कंपनी की सक्रिय आयल रिग की गिनती के अनुसार पिछले सप्ताह १८ जनवरी तक अमेरिका में 1050 आयल रिग सक्रिय है जो की पिछले वर्ष से 114 आयल रिग ज्यादा है । 

ग्वार की कीमतों ने अपना स्तर 4200 से 4800 के बीच बना रखा है । गिरते भावों पर नीचे के स्तर पर खरीददारी व चढते भावों पर 4500-4600 के स्तर पर मुनाफा वसूली के ट्रेंड के कारण एनसीडीएक्स (NCDEX) में ग्वार की कीमतों में उतार चढ़ाव बना रहता है । एनसीडीएक्स (NCDEX) पर 12,37,200 MT ग्वार सीड व 3,83,850 MT ग्वार गम के चालू सौदों पर व्यापार हो रहा है । ग्वार का प्रयोग आयल व गैस उद्योग के अलावा खाद्य पदार्थों के निर्माण व प्रसंस्करण में भी होता है ।

क्या ग्वार व ग्वार गम के भाव में फिर दिखेगी बड़ी तेज़ी ?

पिछले 3-4 साल से ग्वार के भाव 5000 रुपये प्रति क्विंटल के भाव से ऊपर नहीं जा रहे l किसान व्यापारी, स्टॉकिस्ट सभी बड़ी तेज़ी का इंतज़ार कर रहे है सभी के पास में एक ही सवाल है की क्या ग्वार व गवारा गम के भाव में फिर बड़ी तेज़ी दिखेगी ? अभी तक ग्वार के भाव 4000-5000 प्रति क्विटल के दायरे में ही चल रह है l वर्तमान परिस्थितियों को देखते हुए ग्वार के भाव इस सीमित दायरे से ऊपर की तरफ बाहर निकलता दिखाई दे रहा है l वाणिज्य मंत्रालय के आंकड़ो के अनुसार इस वर्ष (2018-19) अप्रैल से नवम्बर तक 1,83,046 मैट्रिक टन ग्वार गम पाउडर व 46,532 मैट्रिक टन साफ़ की हुयी ग्वार गम सप्लीट का निर्यात किया जा चूका है । दोनों को मिला कर के कुल 2,29,578 मैट्रिक टन ग्वार गम का निर्यात हो चुका है । पिछले वर्ष ( 2017-18 ) के दौरान 3,21,923 मैट्रिक टन ग्वार गम पाउडर व 41,177 मैट्रिक टन ग्वार गम सप्लीट का निर्यात हुआ था । कुल मिलाक कर पिछले वर्ष 3,66,663 मैट्रिक टन ग्वार गम का निर्यात हुआ था ।

प्राप्त आंकड़ो के हिसाब से पिछले वर्ष पुरे साल में 1,34,00,000-1,40,00,000 बोरी ग्वार की प्रोसेसिंग से प्राप्त ग्वार गम का निर्यात हो चुका था । इस वर्ष नवम्बर महीने तक लगभग 85,02,880 - 90,00,00 बोरी ग्वार से प्राप्त गार गम का निर्यात हो चूका है । बाज़ार से प्राप्त आंकड़ो के अनुसार इस वर्ष ग्वार का उत्पादन 80,00,000 बोरी का था । कृषि विभाग के आंकड़े के अनुसार भी उत्पादन 1 करोड बोरी के आस पास ही रहने की उम्मीद है । मांग व उत्पादन में असंतुलन साफ़ साफ़ अंतर दिखाई दे रहा है । इन आंकड़ो के अलावा 4-5 महिने बाद ग्वार की बीजाई होगी । उसमें भी ग्वार की काफी मात्र लगेगी । ग्वार की स्थानीय खपत की मांग भी रहती है । कुछ हिस्सा ग्वार का स्टॉक में हमेशा रहता है । इस साल 1.5 से 2 करोड़ बोरी के आस पास खपत रहेगी । 

क्या ग्वार व ग्वार गम के भाव में फिर दिखेगी बड़ी तेज़ी ? 

अगर अमेरिका में शैल क्रूड आयल का उत्पादन बढ़ता है तो ग्वार गम के निर्यात में और तेज़ी आएगी । मांग व उत्पादन में असंतुलन, ग्वार के भावों को ऊपर की और ले जा सकता है । ग्वार की मुख्य मांग अमेरिका के तेल व अमेरिका के तेल व गैस .उद्योग से आती है । अमेरिका में फ्रेकिंग तकनीकी से कच्चे तेल का उत्पादन होता है । फ्रेकिंग तकनीक में ग्वार गम का उपयोग होता है । अन्त राष्ट्रीय बाजारों में अगर कच्चे तेल के दाम बढ़ते है तो ग्वार गम की मांग में निश्चित ही बढ़ोतरी होगी । लेकिन अभी की मांग व उत्पादन को ध्यान में रखते हुए 2012 में ग्वार के भावों में हुई उथल पुथल के दुहराने की उम्मीद कम ही है ।

ग्वार एक औद्योगिक मांग वाली कृषि कमोडिटी है। जिसका सीधे खाने में प्रयोग नहीं होता है । अचानक मांग बढ़ने से भावों में असर देखने को मिल सकता है । बाकि अगर भावों को देखे तो इस वर्ष ग्वार के भाव 4000/क्विटल से नीचे नहीं गए है । बाज़ार में चुरी कोरमे की मांग व भाव भी अच्छे है । कोरमे के भाव 3000 रुपये प्रति क्विंटल से ऊपर चल रहे है । जबकि वर्ष 2012 में कोरमे के भाव इतने ऊँचे नहीं थे । ग्वार चुरी कोरमे का प्रयोग सोया प्रोटीन की जगह पशुओं को प्रोटीन की आपूर्ति रूप में देने के काम आता है । ग्वार के भावों में फसल की आवक से ही पिछले वर्ष से ज्यादा तेज़ी है । वर्ष 2017-18 में ग्वार चुरी कोरमे का निर्यात 1,27,437 मीट्रिक टन हुआ था इस वर्ष 2018-19 में ग्वार चुरी कोरमे का निर्यात 1,01,395 मीट्रिक टन हो चूका है । नया ग्वार लगभग 10 महीने बाद आएगा । अगले दस महीने तक मौजूद उत्पादन से काम चलाना पड़ेगा। 

अगले दस महीने के अन्तराल को देखते हुए किसान व व्यापारियों को ग्वार को एक साथ में निकालना / बेचना नहीं चाहिए । मांग व आवक के ऊपर नीचे होने से भावों में तेज़ी मंदी होती रहेगी । प्राप्त आंकड़ो को देखते हुए हुए ग्वार अभी भी एक मजबूत स्थिति में है। बाकि बाज़ार की चाल पर निर्भर करेगा । NCDEX में ग्वार 10 MT के 1,31,000 चालू सौदे है जिसका मतलब NCDEX में 1.31 करोड बोरी (प्रति बोरी 1 क्विंटल) का व्यापार अभी चल रहा है ।

Guar seed and guar gum is giving return in short term trade.

Guar seed and guar gum are major tradable agriculture commodity at NCDEX. Guar is also known as cluster bean as guar pods fruits in clusters on branches. Botanically / scientifically guar is known as Cyamopsis tetragonoloba. Guar gum powder is an important industrial product used for various application in many industries. During this week Guar gum price and Guar seed prices has fallen drastically at lower level, of current cropping season in future trading at NCDEX. In physical market Guar and Guar gum prices are stronger than NCDEX guar price and NCDEX Guar gum price. Spot prices of Guar gum are stronger than the future prices of NCDEX guar Gum. Farmers and traders were expecting the better prices with decreasing arrival and increasing export demand. But NCDEX Guar and NCDEX Guar gum prices are falling against the positive fundamentals.

This year Guar seed farmers and guar gum exporter were expecting better return due to limited supply of guar seed and good demand of guar gum. Rate of guar seed has not crossed the level of INR 4900/ 100 Kg. Prices of Guar gum and guar gum has fallen very low and touched the lowest level of this season. But in-depth analysis we see that prices are moving up and down regularly. Prices has gone up and then fallen, again gone up and fallen again. Any buying at lower level after price fall has given good return. 

Guar Seed and Guar Gum price movement in India- 2018-2019

Next four months February, March, April and May will be very Crucial for guar seed and guar price trends. If the guar prices will remain at higher side, then it will lead to increase the sowing area of Guar. If the price of guar seed and price of guar gum will remain toward the lower side, then the sowing area of Guar will come down further. With falling prices people are discussing that application of guar gum substitute has increased in oil and natural gas industry. This is not true. Oil drilling activities in USA are higher than previous year. 1075 Oil rigs are active in USA as on 11th January 2019, which are 136 higher than previous year. Guar gum emerging as Xanthan gum replacement.

Guar seed and Guar gum commodities are being quoted strong in physical markets due to strong buying of of guar gum. Prices of Guar seed and Guar gum both are quoted stronger than previous close. Forward price of Guar seed and Guar gum are also strong due to buying at lower levels in NCDEX. Bold quality of guar seed is traded at Rs 4300/100Kg and average quality normal guar seed is traded at Rs 4200/100 Kg. Standard quality guar gum is traded at Rs 8400/100 kg. In interior location, guar seed is traded up to 4100/100 Kg. Guar seed is being quoted high in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is closed at Rs 4152, 4207, 4262 higher by 0.25 percent or INR 10.5/100 Kg, 0.25 percent or INR 10.5/100 Kg, 0.48 percent or INR 20.5/100 Kg with open interest of 10660, 114700, 10590 for January, February and March month contracts.

Guar gum is being also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT closed at Rs 8180, 8240 higher by 0.59 percent or Rs 48/100Kg, 0.06 percent or Rs 5/100Kg with an open interest of 1380, 70005 for January and February month contracts.

Guar gum demand will remain strong in last quarter 2018-19

Guar gum demand will remain strong than previous year. India has exported 3,30,978 MT guar gum by the end of October month. Guar is major exportable farm commodity form India. Major demand of Guar arises from Oil and natural Gas industry. Crop is cultivated from June to October and major arrival of crop starts to come from October to January. This year production of Guar seed as lower than was previous year. As per the Agriculture Department of Govt of, This year guar seed was cultivated on 34,18,000 Hactare area. As per market man average Yield of Guar seed in Rajasthan is around 250 Kg / hectare. As per these inputs Total production of Guar will be between 80,00,000 – 90,00,000 Bags. 

Guar gum is used in the oil drilling activities in USA. As per the baker hudge rig count Oil drilling activities are increasing in USA. Currently 1075 oil rigs are active in USA. Which are 151 more than the previous year. Shel oil production is increasing in USA. Demand of heating oil and Gas remains high in Cold countries of northern globe. Shale oil and gas production will increase in USA and Canada. Oil and gas exploration in south American countries are increasing and export of Indian guar gum is also increasing in south American countries. 

Guar gum demand will remain strong.

Demand of Indian Guar and Churi Korma is also high from China due to trade ware between China and USA. Prices and Demand of Churi Korma is high in market. There is 48-52 % protein content in Guar Churi Korma. Guar protein is used as substitute of Soya meal and Soya protein. 

Guar seed and Guar gum commodities are being quoted strong in physical markets due to strong export demand of guar gum. Prices of Guar seed and Guar gum both are quoted higher then previous close. Forward price of Guar seed and Guar gum are also strong due to buying at lower levels in local markets. Bold quality of guar seed is traded at Rs 4400/100Kg and average quality guar seed is traded at Rs 4300/100 Kg. Standard quality guar gum is traded at Rs 8650/100 kg. In interior location, guar seed is traded up to 4200/100 Kg. Guar seed is being traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is closed at Rs 4348, 4394, 4445 higher by 0.24 percent or INR 10.5/100 Kg, 0.26 percent or INR 11.5/100 Kg, 0.58 percent or INR 25.5/100 Kg with open interest of 45160, 87190, 4730 for January, February and March month contracts. 

Guar gum is being also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT closed at Rs 8608, 8718, 8810 higher by 0.34 percent or Rs 29/100Kg, 0.5 percent or Rs 43/100Kg, 1.33 percent or Rs 116/100 Kg with an open interest of 11675, 65050, 980 for January February and March month contracts.

ग्वार गम के निर्यात में पिछले साल के मुकाबले 8927 MT की बढ़ोतरी

कृषि और प्रसंस्कृत खाद्य उत्पाद निर्यात विकास प्राधिकरण (एपीडा) द्वार जारी आंकड़ों के अनुसार भारत ने अप्रैल 2018 से नवम्बर 2018 तक 330978 MT ग्वार गम का निर्यात कर दिया है । ये आंकड़ा पिछले साल से 8927 MT ज्यादा है । अप्रैल 2018 से नवम्बर 2018 के बीच निर्यात किये गए ग्वार गम की कीमत भारतीय रुपयों में 3052 करोड़ व् अमेरिकी डॉलर में 442 मिलियन है । पिछले साल इसी समय के दौरान भारत ने 322052 MT ग्वार गम का निर्यात किया था । पिछले साल निर्यात किये गए ग्वार गम की कीमत भारतीय रुपयों में 2589 करोड़ रुपए व अमेरिकी डॉलर में 401 मिलियन थी। भारतीय ग्वार गम उद्योग व ग्वार किसानों के लिए यहाँ एक सकारात्मक समाचार है । पिछले चार वर्षों से ग्वार गम का निर्यात लगातार बढ़ता जा रहा है ।

ग्वार गम का निर्यात तेल व गैस के कुओं की खुदाई की नयी गतिविधियों के साथ बढ़ता जा रहा है। शैल कच्चा तेल व गैस का उत्पादन बढ़ रहा है । परम्परागत तौर पर सऊदी अरब कच्चे तेल का व कतार प्राकृत गैस के उत्पादन का अग्रणी देश थे। लेकिन अब संयुक्त राज्य अमेरिका कच्चे तेल व प्राकृत गैस के उत्पादन का नया शीर्ष देश बन गया है । संयुक्त राज्य अमेरिका में कच्चे तेल व प्राकृत गैस के उत्पादन के लिए फ्रेकिंग या हाइड्रोलिक फ्रक्चारिंग तकनीक काम में ली जाती है। ग्वार गम इस तकनीक में एक जैली बनाने वाले रसायन के रूप में काम में आता है। संयुक्त राज्य अमेरिका, नोर्वे, चीन, नीदरलैंड, रूस, इंग्लैंड, जर्मनी, इटली, अर्जेंटीना भारतीय ग्वार गम को आयात करने वाले मुख्य देश है. भारत ने इस साल पिछली साल के मुकाबले भारतीय रुपयों में 17.93% ज्यादा कीमत व अमेरिकी डॉलर में 10.10% ज्यादा कीमत का ग्वार गम निर्यात कर दिया है।

ग्वार गम के निर्यात में पिछले साल के मुकाबले 8927 MT की बढ़ोतरी 

 अभी तक के पूर्वानुमानों के अनुसार निर्यात होने वाले ग्वार गम की मात्रा 6,00,000 MT के स्तर को पार कर जाएगी। भारतीय ग्वार गम उद्योग व ग्वार गम के किसानों के लिए यह एक अच्छा संकेत है। इस साल ग्वार फसल का उत्पादन पिछले साल से कम है। बैकर हुज रिग काउंट के आंकड़ों के अनुसार 1083 तेल खुदाई की रिग संयुक्त राज्य अमेरिका में सक्रिय है। जो की पिछली साल के मुकाबले 154 ज्यादा है। सक्रिय रिग काउंट की संख्या तेल की खुदाई की सेवा व रसायनों की मांग का मानक है। 

कमजोर मांग के कारण ग्वार व ग्वार गम दोनों कमोडिटी के भाव में मंदी बनी हुईं है। स्टॉकिस्ट द्वारा कमजोर खरीददारी व कमजोर मांग के कारण अगले सप्ताह भी भावों में मंदी बनी रहेगी। अच्छी गुणवत्ता वाला ग्वार 4400 रुपये प्रति क्विंटल के आस पास बिक रहा है। औसत गुणवत्ता वाला ग्वार 4300 रुपये प्रति क्विंटल के भाव में बिक रहा है । बाज़ार में मानक गुणवत्ता वाली ग्वार गम का भाव 8500 रुपये प्रति क्विंटल है । अंदरूनी इलाकों में ग्वार का भाव 4200 रुपये प्रति क्विंटल के आस पास है । वायदा बाज़ार में ग्वार के कारोबार में कमजोरी देखी जा रही है । एनसीडीईएक्स (नेशनल कमोडिटी एंड डेरिवेटिव्स एक्सचेंज लिमिटेड) में ग्वार बीज -10 एमटी के अनुबंध का कारोबार क्रमशः जनवरी , फ़रवरी व मार्च माह के लिए 0.24 फीसदी या रूपये 10.5/100 किलो, 0.21 फीसदी या रुपये 9/100 किलो, 0.6 फीसदी या रुपये 26.5/100 किलो मंदी के साथ क्रमशः 4307, 4351, 4389 रुपये प्रति क्विंटल के भाव पर 72000, 73230, 2600 सक्रिय अनुबंध के साथ व्यवसाय चालू ।

वायदा बाज़ार में ग्वार गम के कारोबार में भी मंदी देखी जा रही है । एनसीडीईएक्स (नेशनल कमोडिटी एंड डेरिवेटिव्स एक्सचेंज लिमिटेड) में ग्वार गम 5 एमटी के अनुबंध का कारोबार क्रमशः जनवरी , फ़रवरी व मार्च माह के लिए 0.57 फीसदी या रूपये 49/100 किलो, 0.51 फीसदी या रुपये 44/100 किलो, 0.61 फीसदी या रुपये 53/100 किलो मंदी के साथ क्रमशः 4307, 4351, 4389 रुपये प्रति क्विंटल के भाव पर 23100, 54380, 405 सक्रिय अनुबंध के साथ व्यवसाय चालू ।

8923 MT more guar gum has exported from April-2018 to Nov-2018 than previous year.

As per the data released by the Agricultural and Processed Food Products Export Development Authority (APEDA) Indian has exported 330978 MT guar gum. Values of guar gum export fromApril-2018 to November-2018 is INR 3052 Crore or USD 442 Million at the rate of USD1335 / MT. Previous year during the same period India exported 322055 MT guar gum. Value of exported guar gum powder was INR 2589 Crore or USD 401 Million at the rate of 1246 USD/MT. This is very positive news for Indian guar gum industry. Export of Guar gum powder is increasing continuously since last four years.

Export of Indian guar gum is increasing with increasing oil and gas drilling activities. Shale crude oil and natural gas production is increasing. Traditionally Saudi Arabia was the leader of crude oil production and Qatar was leader of Natural gas production. Now USA has become the new leader of crude oil and Natural Gas production. USA is using fracking / hydraulic fracturing activities for shale oil and gas production. Guar gum powder is used as drilling chemical in this process. USA, Norway, China, Netherland, Russia, UK, Germany, Italy. Argentina are major destination for export of Indian Guar gum. In monetary term India has exported guar gum of 17.93 % more value in Indian rupees and 10.10% more value in USD in comparison to previous year for the same period.

Export of Guar gum from India , Data of 2018-19 is only up to November-2018 ( 8 months) 

                                                                     (Source APEDA- Ministry of Commerce and Industry)

As per existing trends it is estimated that this year quantity of Guar gum export will cross the figure 6,00,000 MT. This will be very positive trend for Indian Guar gum industry and Indian guar gum seed farmers. This year Guar seed production is lower than previous years. As per Baker Hughes Rig Count ,1083 Rigs are active in USA which are 154 more than previous years rig count at the same time. Rig count is as indication of demand of drilling services and chemicals. 

Guar seed and Guar gum commodities are being traded strong on physical markets due to strong export demand of guar gum. Prices of Guar seed and Guar gum both are quoted higher then previous close. Forward price of Guar seed and Guar gum are also strong due to buying at lower levels in local markets. Bold quality of guar seed is traded at Rs 4300/100Kg and average quality guar seed is traded at Rs 4200/100 Kg. Standard quality guar gum is traded at Rs 8400/100 kg. In interior location, guar seed is traded up to 4100/100 Kg. Guar seed is being traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) guar seed-10MT is closed at Rs 4350, 4393, 4439 higher by 2.38 percent or INR 101/100 Kg, 2.48 percent or INR 106.5/100 Kg, 2.53 percent or INR 109.5/100 Kg with open interest of 81930, 66230, 1880 for January, February and March month contracts. 

Guar gum is being also traded strong in the future market. At NCDEX (National Commodity & Derivatives Exchange Ltd) Guar gum- 5MT closed at Rs 8572, 8669, 8572 higher by 2.99 percent or Rs 249/100Kg, 2.95 percent or Rs 248/100Kg, 0.6 percent or Rs 51/100 Kg with an open interest of 28430, 47375, 330 for January February and March month contracts.

Export of Major Agriculture Commodities from India 2018-19 ( April to November only )

How can Guar seed farmers make profit ? ( PART-2 )

Guar seed farmers can make extra profit from their corp with collective decisions and better marketing strategies.

Go for warehouse receipt funding. 

Farmers require money after harvest. Instead of selling to Traders at the time of lower prices, farmers should store his commodity in bank approves collateral managed warehouses. Bank will finance to farmers up 80%-90% value of commodity. Interest rates are very low for farmers. they can complete their financial need from that financed money. Commodity will be under control of farmers. Once the prices of Guar increase in market. Farmers can repay the funding to bank and get his commodity out from warehouse and he can sell the commodity in open market. He can directly sell that commodity to commodity exchange while commodity remains laying in warehouse.

Formation of farmers group. 

Instead of selling commodity in small lots. Farmers should make a group and make a big lot for selling. It will reduce the operational and transportation cost. It is easy to store the big lot in ware house. It easy to weight it in one lot. 

How can Guar seed farmers make profit ? ( PART-2 )

Farmers group should take the weight of their commodity before selling 

Some notorious traders and processors make manipulation in weighing. Farmers should take the weight of their produce at known weighing bridge before selling. 

Put the commodity on the plastic sheet for auction. 

Generally, farmers put the guar commodity on auction platform without any plastic sheet. If commodity in not auctioned on time, then it keeps scattering. If will be put of plastic sheet, then farmer can cover his commodity in case of non-auction. Sometimes open laying commodity leads to unnecessary moisture loss. Farmers can cover his commodity if commodity remains laying, they can save the wastage and moisture loss.

Farmer can directly sell to processors/factories. 

There are some schemes where processor don’t need to pay the MANDI tax if farmers are selling directly to them. Processor don’t entertain the small quantity. There are many points where farmers need to be careful like percentage of wastage declared by the processors, actual weight of commodity, deduction of weight of packing bags. 

Value addition of guar seed. 

Though there is nothing to value addition with farmers except agriculture production of guar seed. If farmers make some strategy group level then they can get the guar seed processed any closed processing factory at Job work. They can store the guar gum with NCDEX. If future prices of guar gum are good, then they can hedge the guar gum prices. They can sell the Guar Churi/ korma in open market to farmers / Cattle feed manufacturer. Always there is some margin at every point of value addition. Farmers should try to go for value addition as much as they can if they find some additional margin.

Instead of individual approach farmers should go for collective approach and strategy. With collective approach farmers can make minimize the operation cost of commodity selling process. Always avoid distress selling. If prices fall below the expectation, then there is always possibilities that prices will bounce back in near future.

How can Guar seed farmers make profit ?

Guar is a arid crop it is grown only in one climatic belt of world. More than 90% are of that belt comes on Indian and rest 10 % Area is in Pakistan. Guar is an industrial crop. It is processed into guar gum powder. Guar gum powder is used many industries due to its unique chemical and physical quality. 

Guar Farmer should take Guar as secondary crop. 

Guar farmers should not take it as a primary crop. Once it become the secondary crop then cost of cultivation will come down and opportunity cost of land increases. Profit from low cost cultivation crop will be always high. It will control the supply of crop in market. Priority crop for selling by farmers is always primary crop. Farmer will not go for urgent selling of guar crop. Commodity will be stored with farmer and there will be leverage with farmers if prices goes up. 

Don’t sell complete crop produce after harvest 

Farmer should not sell his complete production of Guar in market just after harvest. It will control the flow of produce I market. In first lot farmers should sell only 30% commodity. In the case of price rise after peak arrival. Farmers will have some quantity to encash the increased prices. 

Always go for cleaning and Grading. 

At the time of peak arrival sell the low category material. When there is peak arrival all the material is considered as low quality. Farmers will get good price of lower quality. At the time of increased prices good quality material gives good rates over the increased prices. Generally, traders will try to negotiate at quality at increased prices to get the produce from farmers at cheaper price. 

Monitor Crude oil prices. 

Major portion of guar gum powder goes to oil and natural gas well drilling activities. If Farmers get an overview that crude oil prices are keep increasing continuously then he should hold the Guar as much as he can. It will give good return after the peak arrival. 

Monitor Guar Churi & Korma prices 

Guar Churi is by product of guar gum processing industry, which is produced up to 70% of quantity of guar seed. It is rich in protein content. Farmers purchase churi korma for their cattle regularly as cattle feed. If the prices of guar Churi Korma is increasing in market, then it is indication that prices of animal feed protein are increasing, and it is indication that Guar seed prices are stable at lower side. Guar Churi Korma is substitute of Soya Meal which is used as animal feed protein. 

Monitor prices on NCDEX. 

NCDEX is forward market. In case of future demand prices of forwards contracts remains higher than current month. Farmers will have an idea about future demand and price movement. If Future prices are poor, then there is prediction of poor demand and downside movement in coming future. Farmers can make alternative strategy in case of poor demand. 

Hedging the future high prices. 

Hedging is good strategy to manage the risk of future price fall. NCDEX provides free training to farmers for commodity trading. Farmers should make tradable (10MT / 100 Quintal in NCDEX) lot of their commodities and hedge the prices. In the case of future downfall in prices. Farmers will safe and they can sell the Guar as per hedged price. Generally hedging is opted to avoid the risk price fall.

Guar seed and Guar gum will remain under pressure of speculators.

Assembly election in Guar growing state “Rajasthan” has finished and result has declared. During the last election guar seed prices was an election issue in guar growing belt, specially the western Rajasthan. One reginal party could secure few seats. It was all success of Guar issue. In this assembly election guar was not a hot issue among the voters of Guar growing belt. Guar if preforming against the basic trends of commodity market. At the time of peak arrival when daily arrival was around 90,000 - 1,00,000 bags per day then guar prices was at its top. After that guar seed arrival in market came down to 30,000 bags per day and prices fall against the general law of tight supply. 

Currently arrival is around more than 30,000 per day prices are around 4300-4400. This year export statistics of gaur gum are positive, and it is higher than previous fro the same period from April- September. There was export of 2,65,195 MT of guar gum till September,2018. New data for October and November month has not released by govt. As per market man export is higher than previous year. Fracking activities are increasing in USA and south America. OPEC countries want to decrease the oil production so that crude prices can go up. But USA is increasing the shale crude oil production and putting the pressure on OPEC countries. Guar gum demand and export is increasing continuously since last three years. 

Prices of Guar seed and Guar gum in the clutch of speculators. Once the prices go around 4900, farmers and traders feel that prices will goes further than prices fell sharply with profit booking at upper level. Once the prices go down around 4000 when farmers and traders do the distress selling then strong buying is noticed at lower prices. New production/ supply of guar will come in next year in October month, price movement will depend on demand of guar seed and guar gum market. Demand is stable in local physical market, buying has noticed at every level. 4000-5000 level has emerged as major price bracket. Guar seed prices have strong support of Guar Churi and Guar Korma. Guar korma is exported and used as substitute of Soya protein. 

Next two- three months are very crucial for guar gum as oil drilling companies will import the Guar gum for drilling/ fracking operation. How much guar gum will be exported in this period that will be very important? Up to 14th December there are 1071 active rig operational in USA, this number is 141 higher than previous year for the same period. Recently Mexico has also given contracts for oil and gas drilling blocks. As per global drilling activities, demand of Guar gum will be higher than previous years.