Friday, 27 March 2015 18:43

Guar Gum

Written by 
Rate this item
(0 votes)
Guar Gum Strategy Till 07/01/15
Security Trend Lower Side Upper Side Recommendation
Maize Down 12500 17200 Buy on dips
Risk to View: Weak industrial demand especially from textile, paper and drilling.
Today's Update:

>Increase in arrival and lower overseas demand may put downside pressure on prices.

>In spot markets guar seed futures fell on higher supply from new season crop.

>Lower sowing and a decline in demand from a major buyer, America, due to development of a substitute for a key use is likely to mean a 10 per cent fall in export of guar gum this year.

>India guar seed output at 1.8 million tonnes in the crop year 2014-15 (July June), a decline of 33 per cent from 2.7 mt previous year.

Guar Gum futures dropped with the fall of 1.91 percent followed by Guar Seed 10 MT (1.58 percent) - See more at: http://myiris.com/newsCentre/storyShow.php?fileR=20141017084320715&secID=livenews&dir=2014/10/17#sthash.5Mj3QDNv.dpuf
Guar Gum futures dropped with the fall of 1.91 percent followed by Guar Seed 10 MT (1.58 percent) - See more at: http://myiris.com/newsCentre/storyShow.php?fileR=20141017084320715&secID=livenews&dir=2014/10/17#sthash.5Mj3QDNv.dpuf
Guar Gum futures dropped with the fall of 1.91 percent followed by Guar Seed 10 MT (1.58 percent) - See more at: http://myiris.com/newsCentre/storyShow.php?fileR=20141017084320715&secID=livenews&dir=2014/10/17#sthash.5Mj3QDNv.dpuf
Guar Gum futures dropped with the fall of 1.91 percent followed by Guar Seed 10 MT (1.58 percent) - See more at: http://myiris.com/newsCentre/storyShow.php?fileR=20141017084320715&secID=livenews&dir=2014/10/17#sthash.5Mj3QDNv.dpuf
Guar Gum futures dropped with the fall of 1.91 percent followed by Guar Seed 10 MT (1.58 percent) - See more at: http://myiris.com/newsCentre/storyShow.php?fileR=20141017084320715&secID=livenews&dir=2014/10/17#sthash.5Mj3QDNv.dpuf
Major Events:
>low production may keep prices high
Read 1551 times Last modified on Thursday, 02 April 2015 16:01
More in this category: « Castor Career »