Entries by pgpl_admin

Indian SW Monsoon rainfall over Guar-growing Northwest India

As a sequel to Skymet’s pan-India forecast released on 3-Apr-19, we give below Skymet’s quantitative distribution of Indian SW Monsoon rainfall over the Guar-growing areas of Northwest India. This region-wise forecast comes with an error margin of +/- 8%. Although the Southwest Monsoon 2019 is likely to make onset over Kerala on June 4, it seems […]

IMD’s 2019 Southwest Monsoon Update & Impact on Guar Market

Yesterday the Indian Meteorological Department (IMD) released its first Long Range Forecast of the 2019 Southwest Monsoon. The summary is as under: a) Southwest monsoon seasonal (June to September) rainfall over the country as a whole is likely to be near normal b) Quantitatively, the monsoon seasonal (June to September) rainfall is likely to be […]

Indian Southwest Monsoon 2019 Update

As is well known, the Indian Southwest Monsoon plays a very important role in the development of the annual Guar crop here in India. It is therefore important to closely monitor the onset and progress of the monsoon and to that end we give below details of the first forecast for the Indian SW Monsoon […]

Guar Crop v/s Demand

As of now the Guar Crop is estimated to be around 7 million bags which translates to 700,000 MT (Metric Tons) of Guar Seed or around 196,000 MT of Guar Splits. If it rains in western Rajasthan (Barmer and Jaisalmer areas) in the next fortnight, the crop figure can easily go up to 8 or […]

Rajasthan Guar Crop 2018 Update

Given in the table below are the latest Guar sowing figures for Rajasthan – as on 7-Aug-18. As can be seen, the area covered for Guar is 2806K hectares against a target of 3500K hectares. The overall coverage might increase if the important Guar growing areas of Western Rajasthan receive rains in the next 7 […]

India’s first Agri-Commodity Options launched in Guar Seed

On Sunday 14-Jan-18, the Finance Minister of India launched India’s first agri-commodity options in Guar Seed. The options have been launched on NCDEX. Please click HERE to read the official circular and the contract specifications. In the coming weeks/months we will let you all know the impact of these options on the Guar market. Some […]

SHEFEXIL’s Final Report on the Guar Crop for 2016-17

SHEFEXIL, the nodal Indian Government Agency for Guar Gum export, has come out with the Final Round Report for the Guar Crop for the 2016-17 season. The crop survey was undertaken by the Nielsen Company, Mumbai, at the behest of SHEFEXIL, Kolkata. The estimated Guar Seed crop for the 2016-17 is 17.5 million bags of […]

Shale Spending Is Set To Soar

Oil prices are rising and the worst of the downturn appears to be over. After two years of spending cuts, 2017 could mark the first time in several years that spending levels across the oil and gas industry increase. North American oil and gas companies could ratchet up spending by as much as 30 percent, […]

Monsoon progressing well, Guar prices stable for now

The Indian Southwest Monsoon has been progressing well this year. Due to the significant decline in prices for Guar seeds/splits, and also due to the significant decline in Guar Gum export from India, the total area that has been brought under Guar cultivation this year has also declined significantly and which be seen below: Rajasthan  […]