| GUAR MARKET REPORT |
Dt.26/10/2009
New crop of guar seed is arriving in quantity of 25000-30000 from Haryana region and as per our prediction supply of new crop will be increased by next month. Current increase in market is effect of Exchange Rate as Rupee become stronger against Dollar, so price of guar gum powder has been increased.
As per our market analysis, Price of guar gum powder will remain stable for next week and may be go down after increase in supply of new crop.
As per Technical Analysis and Price Trend of Guar Seed and Guar Split shows that Market Trend is in upward trend, but Price may go down after next week (See below Charts)
In view of above, we recommend to you that purchase as per your requirement
Please also advise us your requirements for Guar Gum Powder enable us to offer the competitive price.
Scenario of Guar Seed and Guar Gum (Raw Materials of Guar Gum Powder) in
Last week.
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| (Source: National Commodity & Derivatives Exchange Ltd., India) |
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