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Guar Commodity Prices June 08

(Indicative Guar Prices in US$ PMT FOB port, India)

27th June - Split - US$ 1155-1185
With the new import policy of Indian guar gum by EU the market has slowed down. The futures too showed the drop mainly due to good rains in guar producing areas raising expectations of good crop.

21st June - Split - US$ 1160-1190
The good export demand of guar gum from China and other countries has lifted its prices to higher level. Guar gum mainly gets exported in powder form of different grades

from India. Guar split is the raw material for making powder. India also export the commodity as splits and seed.

17th June
Split - US$ 1140-1170
Seed - US$ 475-500

The guar gum prices were mainly up because of local demand. The future prices were also up.

12th June - (Split) US$ 1125-1150

Guar gum prices are showing declining trends on the back of good monsoon which has raised expectation for better crop this year. The guar demand more or less remains same so the supply side basically is the main price determining factor.

7th June
Guar gum (Split) - US$ 1140-1170

With the expectations of good monsoon this season the outlook for guar production is very positive, also there is good amount of guar stock so the prices came down.

2nd June
Guar gum (Split) - US$ 1175-1200

The appreciated rupee lifted its prices slightly though in local markets it showed the drop.

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