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Guar Market Report News Section - ( 24 Jan, 2006 ) |
The Guar Seeds arrivals from New Crop has reduced by 75% from peak levels. Most of the stocks are in strong hands and sold in Forward Commodity Exchange where they are getting lucrative investment return about 30% per annum.
The seed price is not dropping in cash market supplies to splits Manufacturers and available at higher price only, resulted splits manufacturing become loss making Business.
The US$ Exchange Rate weaken by 4% against INR. It’s effect badly the cost & final price offer to the customers.
The overseas demand is continue in large volume specifically from China, buying huge quantity of Guar Gum Splits and Powder.
In view of above facts, we do not expect any sharp price decline even we would see short supply of Guar Seed in the near future. The prevailing Raw Material price may consider best to procure your requirements.
Please advise us your comments/ your feedback about your future requirements. |
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