THL

Insights from Three Headed Lion

The recent market update from Business Standard reported that guar gum prices were up by Rs 260 to Rs 16,010 per 100 Kgs in future trading on July 23rd, 2014 as speculators enlarged positions, driven by strong export demand. “This trend is consistent with what we are currently seeing in the market place.” says Javed Matin, author of the recently published reportĀ 2014 Guar Gum Report: INDIA. The market for guar gum is for the first time in 2 years witnessing some degree of stress due to a projected drop in guar production coupled with a pick up in demand.

 

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