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Guar Market Update News Section - ( 17 Mar, 2006 ) |
The Guar Seeds arrivals from New Crop have reduced by 90 –95% from peak levels. Guar seeds supply is not adequate to meet current demand. The stock of Guar Gum Splits has reduced by 50 – 60% in Forward Exchange warehouses as well as stockiests warehouses.
The seed price is not dropping in cash market and supplies to splits Manufacturers available at higher price only, resulted splits manufacturing become loss making Business.
The US$ Exchange Rate prevailing at low Rate.
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 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. We expect to receive your requirements at the earliest. |
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