As we head into the long Easter weekend the monsoon reports from Indian Metrological Department (IMD) are eagerly awaited. Positive or negative, this will have profound effect on Guar pricing.
Currently the price of Guar Gum has increased due to farmers putting their concentration on other perishable crop ready to harvest and sell at market.
Along with changes in prices, demand is also changing. Manufacturers are seeing a decrease in orders with only large, established manufacturers experiencing a steady flow of exports.