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Guar Gum and Guar Seed Prices Remain Stable Amid Modest Trading Activity

13 Jan 2025 5:53 pm
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New Delhi, January 13 (Commodities Control): The guar seed and guar gum markets showed stability today, with little fluctuation in prices as trading activity remained modest.

In the guar seed market, prices ranged between Rs 5,200 and Rs 5,500 per quintal, consistent with the previous session. The market saw steady arrivals, but the demand remained limited, preventing any significant price movement.

In the guar gum market, prices also held steady, with the commodity trading at Rs 11,200 to Rs 11,500 per quintal. While there was a slight increase in export demand, it was not enough to drive significant changes in price levels.

With limited volatility expected in the short term, prices for both guar seeds and guar gum are anticipated to remain within this range, pending any major changes in market conditions or demand.

GuarSeed contract for JAN delivery settled at Rs 5372/quintal showing an fall of Rs -10 over previous close of Rs 5382/quintal,The contract moved in the range of Rs 5364-5418 for the day. Open interest decreased by -2765 MT to 16735 MT, while trading volume decreased by -2915 to 4665 MT.

GuarSeed contract for FEB delivery settled at Rs 5428/quintal showing an fall of Rs -15 over previous close of Rs 5443/quintal,The contract moved in the range of Rs 5420-5478 for the day. Open interest increased by 1300 MT to 73950 MT, while trading volume decreased by -3810 to 14455 MT.

Currently The spread between JAN and FEB contract is -56 Rs/quintal.

GUARSEED stock in NCDEX accredited warehouse as on 13-Jan-2025, was 13010 MT


GuarGum contract for JAN delivery settled at Rs 10294/quintal showing an fall of Rs -83 over previous close of Rs 10377/quintal,The contract moved in the range of Rs 10285-10477 for the day. Open interest decreased by -2945 MT to 7260 MT, while trading volume decreased by -915 to 4385 MT.

GuarGum contract for FEB delivery settled at Rs 10452/quintal showing an fall of Rs -95 over previous close of Rs 10547/quintal,The contract moved in the range of Rs 10452-10648 for the day. Open interest increased by 2690 MT to 52575 MT, while trading volume decreased by -1995 to 7545 MT.

Currently The spread between JAN and FEB contract is -158 Rs/quintal

GuarGum stock in NCDEX accredited warehouse as on 13-Jan-2025, was 28821 MT


(By Commoditiescontrol Bureau: +91 9820130172)


       
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