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Guar Market Update News Section - ( 19 Oct, 2005 ) |
The Guar Seed price in future trade witnessed a strong sentiment. Speculative buying has underpinned the upside movements. The Guar physical markets also witnessed similar sentiments.
The expectations of lower crop and unsufficient carryover this year the prices of Guar Raw Materials jumped up.
The arrival of the new crop at the major guar markets is yet to pick up and traders are estimating that the arrival would increase significantly in the coming month of November. The market is likely to extend the firm sentiment till the arrival picks up. The prices of Guar Seed and Guar Gum are expected to remain strong.
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