Guar Gum Price Trends: What’s Happening Now?

Guar Gum prices have recently settled after a steep drop, leaving both farmers and traders wondering what’s next. Over the past month, market rates in Jodhpur (Rajasthan) slid about $0,12 per kg, stabilizing at $1,25–$1,26 per kg. Guar seed prices followed suit, dipping by $0,024 per kg and now trade between $0,63–$0,64 per kg.

Ahmedabad (Gujarat) faced a similar scenario, with prices falling from $1,41–$1,42 per kg to the current range of $1,24–$1,26 per kg. Traders blame weak demand and lower speculative activity for these declines, which also hit NCDEX futures trading for December delivery.

Still, not all hope is lost. Many industry insiders believe this downturn is a short-term blip. “Prices are unlikely to fall further,” one trader said, hinting at better days ahead.

Farmers’ Dilemma: To Plant or Not to Plant?

Guar cultivation is concentrated in Rajasthan, Gujarat, and Haryana, where farmers are now facing a tough call. The bearish market has made many rethink planting Guar, especially in Rajasthan and Gujarat. Reports already show reduced sowing areas, which could impact future supply.

Adding to the uncertainty, new Guar crops have started arriving in local markets, contributing to the recent price fluctuations. Farmers are left balancing the immediate need to sell with the hope that prices will rebound soon.

Exports: A Silver Lining in the Market

On the brighter side, Guar Gum remains a hot commodity in international markets. Major buyers like the United States, Russia, Italy, Japan, and France are still showing strong interest. Between April and September of the 2024-25 fiscal year, exports reached 227,079 tonnes—a modest rise from the 216,322 tonnes shipped during the same period last year, according to APEDA data.

However, challenges persist. Exporters face stiff competition, and geopolitical uncertainties could disrupt trade routes. Still, the steady export growth provides a glimmer of hope for traders looking to offset domestic demand issues.

Is Stability on the Horizon?

So, what’s next for the Guar Gum market? Experts are cautiously optimistic. With demand showing signs of recovery, prices are expected to hold steady in the coming months. A stable balance between supply and demand should prevent any further sharp declines.

For traders, this means keeping a close eye on international demand, which could surge as industries ramp up utilization of Guar-based products. For farmers, it’s a waiting game. While planting Guar seems risky in today’s market, the long-term outlook suggests that global demand will eventually support growth.

In the end, Guar Gum’s story is one of resilience. Markets may wobble, but as history shows, demand for this versatile crop always finds its footing.





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