Guar Seed Market Update: 80% of Current Season’s Crop
Guar Seed Supply and Market Trends
The guar seed crop this season has been the lowest in the past three years, yet it has met expectations. Currently, 12 to 15 million bags of guar are being supplied daily. The country has faced a shortage of 4 million bags, while direct mill purchases have absorbed another 1 to 1.2 million bags. In total, around 3 to 1.2 million bags have been procured this season. From the flowering stage of the Palu season, 80% of the guar crop has already arrived in the market, while farmers are estimated to still hold around 1 million bags in stock.Daily Market Activity and Pricing
On a daily basis, guar seed arrivals include 12,000 bags of fresh supply and 3,000 to 4,000 bags of old stock. The price of guar seed in local markets currently stands between USD 0,60 and USD 0,61 per kg, while guar gum prices are USD 0,02 to USD 0,05 per kg above the usual rate. Guar gum futures closed at USD 1,22 per kg today, showing a stable trend.Long-Term Price Trends and Market Conditions
Despite fluctuations, guar seed prices have remained steady over the years. Prices today are similar to what they were in 2014, and projections indicate that they will likely hold the same levels in 2025. The overall agricultural commodity market is facing a downturn, preventing farmers from receiving the premium prices they deserve.Export Outlook and Future Predictions
Exports of guar gum and its derivatives remain strong, with estimated exports of 30,000 tonnes in January alone. Domestic market prices for puri range between USD 0,24 and USD 0,38 per kg, while Koriya prices vary from USD 0,44 to USD 0,42 per kg.Conclusion and Market Advice
With guar seed arrivals stabilizing and prices remaining steady, traders should take a cautious approach. Farmers holding stock may consider selling gradually to take advantage of minor price fluctuations. Meanwhile, exporters should capitalize on the continued demand for guar gum products in international markets.Click here to reach our trading platfrom CMBroker
