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Guar Gum and Guar Seed Spot Prices Remain Steady Amid Limited Demand

10 Dec 2024 5:45 pm
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New Delhi, December 10 (CommoditiesControl): Guar gum and guar seed spot prices remained steady today across major markets, with limited demand observed. Guar gum prices held firm, supported by steady industrial demand, while guar seed prices showed minimal fluctuations due to slow trading activity.

Guar Seed Spot Prices:
- Jodhpur: ₹5,900-6,000 per quintal
- Barmer: ₹5,800-5,900 per quintal

Guar Gum Spot Prices:
- Jodhpur: ₹11,800-12,200 per quintal
- Barmer: ₹11,700-12,000 per quintal

Although the market remains subdued, prices are expected to stabilize in the near term as demand from industrial sectors is consistent. However, any significant price movement is unlikely until seasonal demand picks up.

GuarSeed contract for DEC delivery settled at Rs 5078/quintal showing an fall of Rs -17 over previous close of Rs 5095/quintal,The contract moved in the range of Rs 5078-5113 for the day. Open interest decreased by -3590 MT to 22740 MT, while trading volume decreased by -1730 to 7520 MT.

GuarSeed contract for JAN delivery settled at Rs 5138/quintal showing an fall of Rs -17 over previous close of Rs 5155/quintal,The contract moved in the range of Rs 5138-5173 for the day. Open interest increased by 3800 MT to 56610 MT, while trading volume decreased by -3735 to 15460 MT.

Currently The spread between DEC and JAN contract is -60 Rs/quintal.

GUARSEED stock in NCDEX accredited warehouse as on 10-Dec-2024, was 11444 MT



GuarGum contract for DEC delivery settled at Rs 9980/quintal showing an fall of Rs -18 over previous close of Rs 9998/quintal,The contract moved in the range of Rs 9970-10051 for the day. Open interest decreased by -2900 MT to 12800 MT, while trading volume decreased by -375 to 4625 MT.

GuarGum contract for JAN delivery settled at Rs 10141/quintal showing an fall of Rs -5 over previous close of Rs 10146/quintal,The contract moved in the range of Rs 10100-10205 for the day. Open interest increased by 3395 MT to 48505 MT, while trading volume decreased by -1270 to 6990 MT.

Currently The spread between DEC and JAN contract is -161 Rs/quintal.

GuarGum stock in NCDEX accredited warehouse as on 10-Dec-2024, was 28483 MT


(By Commoditiescontrol Bureau: +91 9820130172)


       
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