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Guar Gum, Seed Prices Lost In Spot Market As Futures Down Over 2 Percent

17 Nov 2020 7:11 pm
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NEW DELHI (Commodities control) Guar gum and seed prices have witnessed heavy losses in spot market of Rajasthan, Haryana and Gujarat after future contracts fell down in up to 2.2 percent in NCDEX due to selling pressure from investors.



Guar Gum prices lost Rs. 150 to Rs. 6350 per quintal in Jodhpur. Guar gum powder also slumped Rs. 150 per quintal. While guar seed fell down up to Rs. 119 per quintal in various market. Gaur seed prices fell down by Rs. 119 to Rs. 3550-3790 per quintal in Bikaner mandi. Other mandis of Rajastan, Haryana and Gujarat also witnessed heavy price fall. Market sources said that the prices followed future’s trend but weak sentiment remained intact due to lower export and guar gum millers’ demand. In NCDEX, Guar gum contracts lost up to Rs. 142 and guar seed contracts fell down up to Rs. 68 per quintal.


Commodity

Type/Variety

17-Nov

Pre. Closing

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

3900-3950

4000-4050

-100

Guar Seed- Loose

3700-3810

3700-3920

-150

Guar Gum Split

6350

6500

-150

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8450

8600

-150

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7650

7800

-150

Guar Korma

4000-4050

4050-4100

-50

Guar Meal (Choori)

2700-2900

2700-2900

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

3900

3950

-50

Guar Gum Split

6325

6475

-100

Bikaner, Rajasthan

Guar Seed- Loose

3550-3790

3500-3909

-119

Sri Ganganagar, Raj

Guar Seed-Loose

3500-3784

3500-3840

-56

Rajkot, Gujarat

Guar Seed- Loose

3550-3750

3700-3825

-75

Adampur, Haryana

Guar Seed-Loose

3600-3796

3600-3850

-54

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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