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Spot Guar Gum, Seed Prices Gain Further As Futures Raised Market Sentiments

25 Feb 2021 7:50 pm
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NEW DELHI (Commodities control) Guar gum and seed prices gained further in spot market of Rajasthan, Gujarat and Haryana. Spot demand was better for gum and seed as future market also supported uptrend. Guar gum and seed contracts also increased up to one percent on better buying from investors.



Guar gum prices gained Rs. 30 to Rs. 6100 per quintal in Jodhpur. Guar gum powder also prices higher. According to traders, gum powder makers were buying guar gum split as they expect better export orders in further months. They expected that environment friendly policies of the US government led to higher buying of guar gum powder from oil and gas exploration companies. Guar seed prices also increased in spot market. Gum millers came ahead for fresh buying as they were getting encouraging demand from gum powder makers. Gum millers have increased seed buying prices by Rs. 20 to Rs. 3850-3870 per quintal. Mandis also noted higher prices in auction trading due to better buying. Guar seed increased in Adampur, Rajkot and Sriganganagar mandis.


Commodity

Type/Variety

25-Feb

24-Feb

Change

Jodhpur, Rajasthan

Guar Seed- Mill Gate

3850-3870

3800-3850

20

Guar Seed- Loose

3625-3700

3625-3675

25

Guar Gum Split

6100

6070

30

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8200

8170

30

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7400

7370

30

Guar Korma

3850

3850

0

Guar Meal (Choori)

2700

2700

0

Jaipur, Rajasthan

Guar Seed- Mill Gate

3725-3800

3725-3800

0

Guar Gum Split

6100

6100

0

Bikaner, Rajasthan

Guar Seed- Loose

3575-3675

3575-3675

0

Sriganganagar, Raj

Guar Seed-Loose

3450-3658

3400-3635

23

Rajkot, Gujarat

Guar Seed- Loose

3550-3600

3525-3575

25

Adampur, Haryana

Guar Seed-Loose

3500-3715

3500-3641

74

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


       
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