Export Interest Pushes Seed and Churi Upwards

The guar gum market demonstrated notable gains after global crude oil prices climbed from USD 70,55 to USD 72,15 per barrel. Higher domestic orders, combined with more export enquiries, have further lifted overall sentiment in guar-related commodities.

Spot Prices Increase with Reduced Selling Pressure

Prices for Guar Gum now stand at USD 1,24–1,25 per kg, reflecting a steady jump in demand. Guar Seed values also advanced to USD 0,64–0,65 per kg. Many traders attribute these increases to reduced selling pressure from stockists, who are holding back supplies in anticipation of even higher rates. The same bullish tone is evident in Ahmedabad, where buyers continue to pay premium prices to secure stocks.

Trader Activity Lifts NCDEX Contracts

On the futures front, speculators have increased their positions. April delivery for Guar Seed at NCDEX inched up from USD 0,63 to USD 0,64 per kg, while Guar Gum futures advanced from USD 1,21 to USD 1,24 per kg. Market observers note that robust crude oil prices often support guar gum, especially due to its industrial applications in oil extraction and drilling fluids.

Churi Sells Steadily

Guar Churi remains at USD 0,34–0,35 per kg, benefiting from stable animal feed demand. Limited availability of churi has also contributed to a firmer tone, as producers report shrinking inventories.

Looking ahead, most market participants expect guar-based commodities to maintain their strength if crude oil prices remain elevated. With fresh export deals and the prospect of tighter supplies in coming weeks, the sector is poised for more upward movement. Traders advise keeping an eye on global energy markets and local buying trends to gauge further price shifts.