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 the current price levels present a very good opportunity to cover some volume for at least the next couple of months.

Guar seed crop estimate 2014-15

The Rajasthan State Government’s estimate of the Guar seed crop for 2014-15 is nearly 1.34 million MT or 2953 million lbs.

Click here to view the official report.