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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