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Guar Gum and Guar Seed Prices Remain Stable Amid Limited Activity

6 Dec 2024 5:48 pm
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New Delhi, December 6 (Commodities Control): Guar gum and guar seed prices remained stable across major markets today, with trading activity relatively quiet. The supply-demand balance was maintained, with farmers holding back stocks, leading to steady prices.

Guar Gum Prices (₹/Quintal):
- Jodhpur: ₹9,100–9,300
- Bikaner: ₹9,200–9,400

Guar Seed Prices (₹/Quintal):
- Jodhpur: ₹4,250–4,400
- Bikaner: ₹4,300–4,500

With limited arrivals and steady demand, both guar gum and guar seed prices are expected to remain stable in the short term, with potential price movements depending on market developments and supply constraints.

GuarSeed contract for DEC delivery settled at Rs 5135/quintal showing an fall of Rs -8 over previous close of Rs 5143/quintal,The contract moved in the range of Rs 5073-5158 for the day. Open interest decreased by -1775 MT to 29465 MT, while trading volume increased by 3415 to 8105 MT.
GuarSeed contract for JAN delivery settled at Rs 5201/quintal showing an fall of Rs -10 over previous close of Rs 5211/quintal,The contract moved in the range of Rs 5190-5227 for the day. Open interest increased by 2765 MT to 48350 MT, while trading volume increased by 1310 to 15560 MT.

Currently The spread between DEC and JAN contract is -66 Rs/quintal.

GUARSEED stock in NCDEX accredited warehouse as on 06-Dec-2024, was 10473 MT




GuarGum contract for DEC delivery settled at Rs 10135/quintal showing an fall of Rs -29 over previous close of Rs 10164/quintal,The contract moved in the range of Rs 10101-10199 for the day. Open interest decreased by -1895 MT to 18580 MT, while trading volume decreased by -280 to 3505 MT.

GuarGum contract for JAN delivery settled at Rs 10280/quintal showing an fall of Rs -36 over previous close of Rs 10316/quintal,The contract moved in the range of Rs 10252-10340 for the day. Open interest increased by 1880 MT to 42370 MT, while trading volume decreased by -1255 to 5155 MT.

Currently The spread between DEC and JAN contract is -145 Rs/quintal.

GuarGum stock in NCDEX accredited warehouse as on 06-Dec-2024, was 28155 MT


(By Commoditiescontrol Bureau: +91 9820130172)

       
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