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Guar Market Update News Section - ( 07 Nov, 2005 ) |
The Guar Physical Markets remained firm and the prices of Guar Seed and Splits moved up during last 2 – 3 Days. Prices volatility remained at high levels.
The arrival of new crop has started and likely to pick-up in couple of weeks. Under such circumstances the price of Guar Raw Material has to weak but the future market react adversely and the prices are moving up continuously.
We have no reason for any price increase at the moment. At the same time we do not have any control over commodity Exchange future trading which really make this trade as “Gambling Game”. Without having any basic reasons, the future market reacts at their own.
To decide the price the demand and supply factor does not work now. In view of above, the price prediction becomes untenable.
However, please advise us your requirements, we will try our best to quote you the competitive price. |
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