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GUAR GUM
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%If there is no negative development over the next few days, there is unlikely to be pressure on a large part of the market. It is, in fact,...- Guar gum prices climb 20% in a month on subdued rainfall, strong poultry demand“On NCDEX, the guar seed prices have increased by 12% in the last one month to trade at Rs 4,630/quintal, while guar gum prices have jumped...
- Guar gum futures fall on low demandGuar gum for January delivery fell by Re 1, or 0.02 per cent, to Rs 5,973 per five quintal in 6,090 lots.
- Guar gum shipments may rise on shale drilling bidsIndia dominates the guar gum industry, commanding about 80 per cent of global production, followed by Pakistan.
- Rising crude may not lift guar gum marketKedia said exports in the current financial year may not cross last year’s figure of 3.65 lakh tonnes.
- 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 gum futures fall on weak export demandGuar gum futures prices fell by Rs.81 per quintal.
- Guar gum industry faces heat as US shale companies cut importsIndia’s guar gum industry is facing the heat as North America’s oil and drilling sector has reduced offtake of the commodity by almost half.
- Guar gum demand brings back cheer after 2 yearsAfter a gap of two years, guar gum demand from the food sector has brought back cheer to the domestic guar gum industry.
- Foreign Guar Gum buyers return after prices crash by more than 50 per centChinese, American and European buyers have renewed their interest in Indian guar gum with prices having crashed by more than 50%.
- Ace re-launches futures trading in guar seed, guar gumAce Derivatives and Commodity Exchange Ltd (Ace) announced commencement of futures trading in guar seed and guar gum effective from today.
- 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...
- Humble guar gum India’s top farm exportGuar gum has emerged as India’s top farm export overtaking traditional heavyweights rice and cotton.
- Guar gum industry in a fix as US cos eye substitutesIndia produces 20 million tonne of guar seeds annually from which 6 lakh tonne of guar gum is extracted.
- Sudden crash in guar gum prices worries its cultivatorsThe price of guar gum, grown in arid Rajasthan and used internationally to prise out natural gas from shale rock, has crashed from a peak o...
- Commerce ministry amends rules for guar gum exportGuar gum exporters heave a sigh of relief as commerce ministry withdraws its notification on permissible chemicals content.
- China imposes duty on guar exportsThe guar splits and guar powder attract a duty of 7% and 15% respectively. China accounts for 25% to 30% of the total exports of guar gum s...
- No-pesticide condition vexes guar gum exportersFood-grade guar gum export to the EU is set to take a hit as the commerce min has directed exporters there should be no pesticide in the pr...
- 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.
- Rising input cost plays spoilsport for Guar Gum exportersDiminishing export demand coupled with high input cost has forced 90% of the Guar Gum processing units in Jodhpur to down their shutters do...
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