Buy Guar Seed10 Dec ABV 4140 SL BELOW 3900 TGT 4380-4460

* Guar seed gained by around 3.85% in Quarter 4, due to low level buying and good export demand.

* The slower crop development caused by the drier weather condition also triggered buying.

* Rajasthan government has released its first advanced estimates showed total guar production for the year 2019-20 is 17.16 Lakh tonnes.

* The Gujarat first advance estimation showed 10.56 Lakh tonnes of guar production in the year 2019-20.

* Around 10389 MT of guar seed and 9027 MT of guar gum were recorded on NCDEX accredited warehouses.

* The export of guar gum has increased in the month of September-19 by 13.70 per cent compared to the previous month.

* India exported around 21532 tonnes of guar gum at an average FoB of $ 1722.53 per tonne in the month of September-19 compared to 18937 tonnes in August-19 at an average FoB of $ 1729.66 per tonne.

* In 2018-19 marketing year (Oct-Sep), total arrivals reported are down by 17.8% to 49.4 Lakh tonne from 60 lakh tonne reported same period last year.

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