This is peak arrival time of guar. Most of guar seed stockist and processors buy and stock guar seed in this season only. Arrival of guar is noted poor in all the major guar markets in the starting of arrival season. Peak arrival of guar seed may take another 10-15 days. Quality of Guar is noted poor in most irrigated belts, but traders are buying it. Once the guar processing factories will start then consumption of Guar will also increase from factories. There are demand of 30,000-45,000 bags of Guar per day processing consumption. Guar price may volatile with poor arrival, poor quality and increase global demand.
In global market volatility may come in Crude oil prices. Recently US has announced to sanction against the Saudi Arabia. If the crude prices cross in level of USD100/MT. It will boost fracking oil production globally. Consumption of Guar gum will increase with the increased fracking activities. As per export data export of guar gum is increasing. This is election year prices of most of food commodities are under control with good availability and increased production. Scenario with guar commodity is different. Production of guar is estimated poor than previous year, demand of gaur gum is expected to increase with increasing prices. In Forex market USD is stronger than Rs, US importer will try of import more quantity guar gum with strong USD.
For more information please click the following link and read the article.
Arrival of guar seed is not increasing in local market, in peak arrival period
https://www.guargumcultivation.com/2018/10/arrival-of-guar-seed-is-not-increasing.html
Thank you:...
In global market volatility may come in Crude oil prices. Recently US has announced to sanction against the Saudi Arabia. If the crude prices cross in level of USD100/MT. It will boost fracking oil production globally. Consumption of Guar gum will increase with the increased fracking activities. As per export data export of guar gum is increasing. This is election year prices of most of food commodities are under control with good availability and increased production. Scenario with guar commodity is different. Production of guar is estimated poor than previous year, demand of gaur gum is expected to increase with increasing prices. In Forex market USD is stronger than Rs, US importer will try of import more quantity guar gum with strong USD.
For more information please click the following link and read the article.
Arrival of guar seed is not increasing in local market, in peak arrival period
https://www.guargumcultivation.com/2018/10/arrival-of-guar-seed-is-not-increasing.html
Thank you:...