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Spot Guar Gum, Seed Prices Recover After Consecutive Fall, Follows Future’s Trend

27 Nov 2020 7:05 pm
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NEW DELHI (Commodities control) Guar seed and gum prices recovered today in spot market of Rajasthan, Haryana and Gujarat as it followed future market where guar complex took positive tone after fresh buying at attractive prices. Guar gum prices gained Rs. 100 per quintal and guar seed rose Rs. 25-72 per quintal in spot markets. Guar seed auction prices also gained in various mandis of Rajasthan and other producing states. According to market estimate, around 15.49 lakh quintal guar seed arrived till now against arrival of 20.46 lakh quintal till 30 November 2019.



According to trade estimates, the arrival was 27 lakh quintal till November 2018. The data shows lower arrival means lower crop this year. However, guar seed and gum prices witness consecutive price fall in last couple of days. Lower prices have given buying opportunity for investors and hedgers. Fresh buying pushed up guar seed contracts up to 1.44 percent and guar gum contracts up to 1.94 percent in NCDEX.


Commodity

Type/Variety

27-Nov

26-Nov

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

3800-3850

3800-3820

30

Guar Seed- Loose

3600-3750

3600-3700

50

Guar Gum Split

5950

5850

100

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8050

7950

100

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7250

7150

100

Guar Korma

4050-4060

4050-4060

0

Guar Meal (Choori)

2100-2160

2100-2160

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

3775

3720

55

Guar Gum Split

5950

5850

100

Bikaner, Rajasthan

Guar Seed- Loose

3500-3759

3500-3711

48

Sri Ganganagar, Raj

Guar Seed-Loose

3475-3688

3450-3630

58

Rajkot, Gujarat

Guar Seed- Loose

3500-3725

3650-3700

25

Adampur, Haryana

Guar Seed-Loose

3700-3822

3600-3750

72

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


       
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