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Spot Guar Complex Moves Up On Investor Buying on Futures

30 Oct 2020 7:18 pm
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NEW DELHI (Commodities control) Guar seed and guar gum prices gained today in mandis of Rajasthan, Haryana and Gujarat. As usual, spot guar seed and gum prices followed futures trend in guar complex where the prices gained over 2 percent on fresh buying from investors. Guar seed and gum are attracting investor as good return opportunity. Increased investor money is making the complex highly speculative.

Guar seed (Mill gate) rose Rs. 25 to Rs. 4150-4175 per quintal in Jodhpur, while the seed traded at Rs. 4150 per quintal in Jaipur with gain of Rs. 25 per quintal. Guar gum was priced at Rs. 6700 per quintal in Jodhpur and Jaipur.


In mandis of Rajasthan, Haryana and Gujarat, guar seed (loose) also gained Rs 20-50 per quintal. Bullish trend in futures sent positive signal to the mandis where guar seed improved in auction trading. In Adampur mandi of Haryana, guar seed increased Rs. 31 to Rs. 4010 per quintal during open auction. Similarly, guar seed gained in Sriganganagar and Rajkot but slipped in Bikaner.


Guar seed is arriving in all small and big mandis of Rajasthan, Haryana, Gujarat and Punjab. Guar seed was sold in Raisinghnagar Rs. 3800-4060, Rawala Rs. 3900-4025, Nagaur Rs. 3875-3975, Gajsinghpur Rs. 3900-4027, Bisnagar (Gujarat) 3500-3970, Anupgarh Rs. 3850-4070, Sirsa Rs. 3935-3965, Shrivijaynagar Rs. 3
900-4030, Pilibanga Rs. 3600-4121, Noukha Rs. 3670-3985, Hissar Rs. 3700-3870 and Sardarshahar 3940-3980 per quintal.


Commodity

Type/Variety

30-Oct

29-Oct

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

4150-4175

4125-4175

25

Guar Gum Split

6700

6650

50

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8800

8750

50

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

8000

7950

50

Guar Korma

4100

4100

0

Guar Meal (Choori)

2600-3200

2600-3200

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

4050

4030

20

Guar Gum Split

6700

6650

50

Bikaner, Rajasthan

Guar Seed- Loose

3500-3961

3500-3971

-10

Sri Ganganagar, Raj

Guar Seed-Loose

3725-4081

3700-4051

30

Rajkot, Gujarat

Guar Seed- Loose

3700-3950

3650-3900

50

Adampur, Haryana

Guar Seed-Loose

3900-4010

3900-3979

31

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


       
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