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GUAR MARKET REPORT News Section - ( 07 Dec, 2005 ) |
The arrivals of Guar Seed from New crop are reasonably Good as expected. The Guar Seed and Splits price in commodity exchange for future contracts are moving high. Looking to attractive profits on investments the stockiest and investors buy seed and splits in current market and sale in future market. 50% of splits production and 60 – 65% of Guar seed arrivals are acquiring by stockiest. It’s effect adversely the supply to millers. The Manufacturers and Exporters are facing short supply and compelled to pay high price for Guar Raw Material.
Of-course, it’s not sign of healthy Business but nobody has control over future trading Business. Daily trading volume is equivalent to One Year’s crop.
The price movements are based on speculative activities.
We heard large quantities splits Business committed supply to China, Europe & U.S.A.
In view of above, we do not see any sharp price decline in near future.
Please advise us your requirements. |
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