Three Headed Lion Inc. (THL) today announced the July 2014 update of its market report - 2014 Guar Gum Report: INDIA. The report provides an in-depth analysis of supply, demand and pricing trends as the new season for guar gets underway in India.
Unlike the 2012 and 2013 growing seasons, guar cultivation is expected to fall in 2014. Farmers in India are planning to include other competing crops into the mix. Consequently, the guar cultivation area is set to decline significantly compared to last year. Additionally, the prospect for a suboptimal monsoon season this year is also weighing in on the minds of the key stakeholders like farmers, traders and processors.
“The bullishness seen in the farmers in India for guar since 2012 is missing this time,” says Javed Matin, lead author of this report.
PRESS RELEASE here >>