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Downfall Trend Continues In Guar Seed, Gum Prices, Spot Market Follows Futures

26 Nov 2020 7:05 pm
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NEW DELHI (Commodities control) Spot prices of guar gum and seed fell down further because of gloomy picture of economy. Spot markets of guar gum and seed in Rajasthan, Haryana and Gujarat followed futures which was down up to 2.2 percent.



Domestic and global economic picture was not so encouraging due to surge in Corona cases and poor economic numbers. Such indication weighed in future markets. Guar gum Contracts lost over 2 percent while guar seed contracts down over one percent in NCDEX. In spot market, guar seed fell down by Rs. 50 per quintal. Mill delivery guar seed was traded at Rs. 3800-3820 per quintal in Jodhpur. Guar gum and powder also lost Rs. 150 per quintal. Traders and stockists hope for better pricing with increase number of crude oil rigs in US and all over the world. But disappointing news regarding corona and economy put break on such optimism.

Commodity

Type/Variety

26-Nov

25-Nov

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

3800-3820

3850-3870

-50

Guar Seed- Loose

3600-3700

3600-3750

-50

Guar Gum Split

5850

6000

-150

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

7950

8100

-150

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7150

7300

-150

Guar Korma

4050-4060

4050-4060

0

Guar Meal (Choori)

2100-2160

2100-2160

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

3720

3770

-50

Guar Gum Split

5850

6000

-150

Bikaner, Rajasthan

Guar Seed- Loose

3500-3711

3500-3751

-40

Sri Ganganagar, Raj

Guar Seed-Loose

3450-3630

3490-3678

-48

Rajkot, Gujarat

Guar Seed- Loose

3650-3700

3650-3715

-15

Adampur, Haryana

Guar Seed-Loose

3600-3750

3600-3654

96

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


       
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