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Spot Guar Gum, Seed Prices Slightly Down Amid Thin Trade On Weekend

23 Jan 2021 7:00 pm
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NEW DELHI (Commodities control) Guar seed and gum prices remained bearish today in spot market of Rajasthan, Haryana and Gujarat amid thin trade. Spot guar markets was clueless in absence of direction from future market.



Guar seed prices came under pressure in mostly mandis during auction trading. The prices slipped up to Rs. 45 per quintal as guar gum millers and stockists did not show much interest. Downward trend in future trading on Friday was also critical factor for spot trading. Guar gum prices also decreased slightly as powder markers were absent in the market. According to market source, guar gum split millers and powder makers were not interested to close deal on week end. Therefore, overall trade was thin. Traders and millers will take view in coming week when they can get guidance from future trading. However, market sources said that macroeconomic indicators are very critical to assess gum powder demand from crude oil sector which is only driver for guar complex at current point of time.


Commodity

Type/Variety

23-Jan

22-Jan

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

3850-3925

3850-3950

-25

Guar Seed- Loose

3750-3780

3750-3825

-45

Guar Gum Split

6200

6225

-25

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8300

8325

-25

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7500

7525

-25

Guar Korma

3975

3975

0

Guar Meal (Choori)

2750

2750

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

3800-3900

3800-3900

0

Guar Gum Split

6200

6225

-25

Bikaner, Rajasthan

Guar Seed- Loose

3700-3825

3675-3857

-32

Sriganganagar, Raj

Guar Seed-Loose

3551-3738

3560-3768

-30

Rajkot, Gujarat

Guar Seed- Loose

3600-3750

3675-3750

0

Adampur, Haryana

Guar Seed-Loose

3600-3851

3600-3826

25

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


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