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Guar crop for 2014-15 season is 16% lower than last year

SHEFEXIL, the Export Promotion Council of the Govt. of India under which Guar exports are covered, has come out with the final estimates for the Guar Seed crop for the 2014-15 season. The crop survey was undertaken by the Nielsen Company, Mumbai, at the behest of SHEFEXIL, Kolkata. At an overall level, the government estimates […]

Guar Splits prices follow Crude Oil prices – down 14%!

Hello everyone In our last Guar Market Update on 19-Dec-14 (https://www.premcemgums.com/guar-splits-prices-at-a-4-year-low/) we had mentioned that Guar Splits prices were at a 4 year low. Since then Guar Splits prices have gone down nearly another 14% in Indian Rupee terms! The fall in USD terms has been slightly less (around 11.5%) as the Indian Rupee has […]

Guar Splits prices at a 4 year low!

Hello everyone Guar Splits prices are at nearly a 4 year low! Current prices for Guar Splits are US$ 0.84/lb or US$ 1846/mt; the last time prices were at this level in US$ terms was in Mar-2011. Please see the graph below to get a better perspective.                 […]

Happy birthday, Mr. Chairman!

The Premcem Gums’ team wishes Mr. Pratap Joisher, our Chairman and Managing  Director, a very happy Birthday! As he turns 75 today, our best wishes are with him and his family. We also take this opportunity to salute his exemplary vision, his indomitable spirit and his unwavering resolve to give back to society. We thank him for […]

Premcem Gums Gandhidham facility is SMETA 4 audited & certified

Today, we have received the letter from Bureau Veritas India who conducted the audit for our Gandhidham site. We have successfully met all the SMETA 4 requirements and are SMETA 4 certified. The auditors have not given us a single non-compliance and nor any observation at the close of the audit. This is a proud […]

Guar seed arrivals in full swing

Guar seed arrivals from the new crop are in full swing and the number for Saturday, 1 Nov 2014, touched around 150,000 bags. As a result, prices have been declining and have gone down by around 5% over the last 7 days. Although it is impossible to predict the “bottom”, we might be quite close to it and […]