📊 Guar Market Overview

The guar market has exhibited mixed signals over the past week, with notable fluctuations across its various derivatives. Guar gum prices have declined to USD 1.21-1.22 per kg, reflecting a drop of USD 0.12, primarily due to sluggish demand from the industrial sector and a downturn in crude oil prices, which fell to USD 64.76 per barrel. Conversely, guar churi prices have seen an uptick to USD 0.36-0.37 per kg, driven by tight supply conditions and consistent demand from the animal feed sector.

📉 Price Movements

📈 Market Drivers

• Decline in crude oil prices impacting guar gum, used in oil drilling.
• Reduced industrial demand for guar products.
• Supply constraints boosting guar churi prices.

⛅ Weather Forecast – Key Growing Regions

Weather conditions in major guar-producing areas like Rajasthan, India, are expected to remain dry over the next few days, which could potentially stress the crop further, impacting yields and market availability.

🔮 Price Forecast – Next 3 Days