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New Guar Nosedives to Rs. 3200/Q In Sriganganagar, Prices Recover Post Fall

25 Sep 2020 6:51 pm
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NEW DELHI (Commodities control) - Guar seed arrival begins in Rajasthan’s north-west region. However, new gaur seed sold in Sri Ganganagar mandi at lower price due to poor quality and high moisture. Guar seeds turned black due to heavy rains. In Rajasthan mandis, Guar gum and guar seed prices recovered today after heavy down fall on Thursday.

A Sriganganagar based trader told that the mandi is receiving arrival of around 1500-2000 bags of new guar seed. The arrival began in last couple of days. The quality of seed is poor and has a high moisture content. Therefore, new seed is being sold at lower price. Poor quality seed (fully blackish) sold at Rs. 3200 per quintal, while better quality new seed (50 percent seed blackish) traded up to Rs. 3500 per quintal. The traders said that quality will improve in days to come as weather gets better. Arrival will pick up gradually.


Today, guar seed traded at Rs. 3825 per quintal with price gains of Rs. 25 per quintal in Jodhpur. Guar gum also gained Rs. 20 to Rs. 6150 per quintal in the same mandi. Guar gum powder, Korma and Choori traded at same price. Traders told that guar gum and guar seed prices recovered after heavy price fall on Thursday. Sellers were not willing to offload their stock at lower price. This trend favoured prices.

On NCDEX, guar gum October and November contracts gained Rs. 57 per quintal, but December contract was down Rs 71 per quintal. Guar seed contracts rose Rs. 20 per quintal.

Commodity

Type/Variety

25-Sep

24-Sep

Change

Jodhpur, Rajasthan

Guar Seed

3825

3800

25

Guar Gum Split

6150

6130

20

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8200

8200

0

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7400

7400

0

Guar Korma

3900

3900

0

Guar Meal (Choori)

3000

3000

0

Jaipur, Rajasthan

Guar Seed

3840

3820

20

Guar Gum Split

6050

6050

0

Bikaner, Rajasthan

Guar Seed (Bilty)

3840

3800

40

Sriganganagar, Raj.

Guar Seed (Bilty)

3860

3820

40

Hissar, Haryana

Guar Seed (Bilty)

NA

NA

NA

Guar Gum Split

NA

NA

NA

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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