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Guar gum September Prices

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

26th Sep -

Split - US$ 960-1000

With the arrival of new crop the prices are sliding down.

24th Sep -

Split - usd 975-1025

The prices for guar gum though went down in local market, the appreciation of rupee this week lifted up its export prices. The Nov. futures for guar gum and guar seed both went down by around 1.9% in last one week. The guar seed at major wholessale markets were at usd 360-370 pmt.

16th Sept -

US$ 960-1000

The prices of guar gum crashed with new crop estimated to be 10-15% more than last year and also with weaker rupee. Thus, the export of guar derivatives may pick up by 5% for the coming season. The Nov. future for guar gum was down by aound 3.7% during last couple of weeks. The guar seed was trading at usd 355-365 in major guar markets. Its futures too dipped during last 2 weeks by approx. 4.7%.

2nd Sept. -

US$ 1050-1075

With the rupee depriciating guar gum export rates came down to some extent. The Sept. futures price is up by around 1.5% this week. The local guar seed prices were ruling at US$ 395-405 in guar producing markets of India.

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