Export demand key for guar seed pricesArea under guar production has been declining over the years in Rajasthan.
Guar prices to rise on concerns over monsoon, lower carryover stocksHowever, normal progress of monsoon and weak rupee may pressurise guar seed prices.
Water scarcity, US demand for shale raise guar seed pricesIndia is a leading exporter of guar gum, commanding about 80 per cent of global production, followed by Pakistan.
Cheap China alternative hits Indian guar gum pricesAlternative fracking agents such as slick water and friction reducer from China are posing stiff competition to Indian guar gum.
Guar prices jumps 10% in one monthIn futures market, guar seed prices have moved higher by more than Rs 300 per quintal.
- Guar prices plunge 6% on rain forecast and low oil prices
Western Rajasthan, where most of guar is grown has received 17.3 mm rainfall in the first 20 days of the monsoon season, 26% above the norm...
Guar seed prices climb 21% as kharif crop seen weakAcreage is expected to halve to 26 lakh hectares as farmers have shifted to other crops, mainly pulses.
North America puts its drilling projects on hold, guar slipsGuar prices plunged to seven-year lows as demand waned from the North American-oil drilling industry, which is putting projects on hold ami...
Steady demand, rain woes push up Guar pricesTalking to ET, PK Hisaria, president, Indian Guar Gum Manufacturers Association, said: “Last year, the area under guar seed was 32 lakh hec...
Guar gum exports halve on low demand by oil companiesFarmers prefer guar cultivation as it offers better returns than cotton & soya despite price swings
Futures trading in guar gum resumesFutures trading in guar gum resumed more than a year after the controversial contract’s spectacular rise prompted the regulator to forbid t...
- Government may not lift the ban on guar futures
FMC is scheduled to review the ban with the Director General of Foreign Trade and the stakeholders in Rajasthan before taking a decision.
- Guar price rise keeps away US buyers
A sudden surge in guar price last year has kept away the US buyers from lifting the product which is used as a thickening agent used for oi...
- Guar seed, gum prices rise on relisting buzz; confidence soars
Guar prices are inching up following speculation that the commodity would be relisted on the futures market.
Forward Market Commission may okay futures trade in guar gum, seedFMC may permit resumption of futures trading in guar seed and gum after a 45-member advisory panel meets on Tuesday to thrash out contentio...
- Guar gum export increases 75%
Guar gum has seen a 75% jump in export as the largest producer, India, is currently the only supplier to the world market.
- Slump hits guar gum exports; seed prices dip
Global downturn had its impact on prices of guar seeds and guar gum, used as an emulsifier in commercial food processing.