Everything in the Guar market seams to be stable with nothing much to report, hence the mini market update.
There is however speculation of the price increasing next month.
As expected, the availability of Guar Seed is slightly decreasing – currently not enough to have an effect on prices. Should this continue, especially with demand staying at its current rate, a price increase of 200 to 300 USD per MT is expected by next month.[divider]
Drilling grade: 35-40 and 40-45
Food grade: 200 mesh 3500 cps (Vikas material)
200 mesh 5500 cps (Vikas material)
Technical grade: 200 mesh 5000 cps