Get the latest insights on price movement and trend analysis of Guar Gum in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Guar Gum Price Trend for the First Half of 2022
The market for guar gum showed an irregular pricing trajectory in the first quarter of 2022. At the beginning of the first half of Q1, prices indicated steady market sentiments with the supply and demand sides in balance. With the start of the pandemic later in the second half, prices of guar gum displayed mixed emotions.
The market for guar gum displayed an increased price trajectory in the second quarter of 2022. The end-user industries later encountered stronger demand with constrained supplies toward the conclusion of the second half, which influenced prices. Guar gum prices were seen to reach 147400 USD/MT Ex-Jodhpur (India) at the end of Q2.
The price trends for Guar gum were constant throughout the first quarter of 2022 with mildly operating supply and demand factors. Prices were lower at the start of Q1 because there was less demand than there was supply. However, as the second half got underway, the epidemic started to make a comeback, which led to a spike in the price of Gaur gum on both the domestic and international markets. Prices were listed as being 2235 USD/MT CFR Hamburg at the end of Q1.
The prices were closely correlated with supply and demand in the second quarter of 2022. Strong demand and high offtakes compared to supply at the start of Q2 led to higher prices. Prices of guar gum were recorded as 2656 USD/MT FD Rotterdam at the end of Q2.
The price trends for guar gum showed an upward trajectory with minor fluctuations in the first quarter of 2022. Prices were on the lower end at the start of Q1 since there was less supply due to stocked-up stocks than there was demand. As the pandemic reemerged later in the first quarter, production fell, consumption increased, and carryover stock decreased when compared to the previous quarter. The general price trajectory was seen to be on the higher side at the end of Q1.
Guar gum prices showed an upward price trajectory with minor fluctuations in the second quarter of 2022 averaging 2856 USD/MT CFR New Orleans.
Guar Gum Price Trend For the Fourth Quarter of 2021
In the second week of December, its futures fell in tandem with crude oil futures prices. The December futures were traded at 10,110 USD, down 2.54% from the previous close of 10,373 USD on the National Commodities and Derivatives Exchange (NCDEX). Because guar gum is utilised in oil extraction, its price drops as crude oil prices decline.
Guaran Price Trend For First, Second and Third Quarters of 2021
Guar gum prices declined by 59 INR to 6,137 INR/five quintal in the last week of January, as dealers offloaded their positions in response to a negative trend in the spot market. The prices in February dropped by 59 INR, or 0.95%, to 6,137 INR/five quintal on the National Commodity and Derivatives Exchange.
Guar gum prices rose about 20% in August, driven by demand for guar meal from the poultry and animal feed industries, as well as concerns about a reduction in crop yield due to a lack of rain in western Rajasthan, the key growing region for guar seeds.
September futures price declined 517 INR to 9,080 INR/five quintal, as dealers sold their positions in response to the negative spot market trend.
Guaran Price Trend For the Year 2020
Throughout 2020, guar split price was stable with little fluctuations. The price volatility was caused by speculation about the crop size for this year's Kharif season, crude oil prices, the international demand situation, and the supply of guar in local markets based on the arrival of the fresh crop from this season. In October, the average price was 62.125 INR/kg (0.854 USD/kg). Guar gum prices were erratic due to their reliance on exports.
The prices had been relatively steady in the range of 53-68 INR/kg since June 2020. Because the area sown under guar during the 2020 kharif season was lower than the previous year, and as farmers chose cultivating other crops because prices were lower, new guar crop production was predicted to be lower than the previous year's crop.
In addition, the industry had a large carry forward stock. Guar Gum is primarily used by the oil drilling sector, which had been severely impacted by the pandemic. As a result, natural gums were used in a wide range of food applications.
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About Guar Gum:
Guar Gum, a galactomannan polysaccharide, is a free-flowing off-white powder produced from guar beans. It is the ground endosperm of the guar plant seed. It has thickening, nongelling, and stabilising properties, which make it suitable for use in food, feed, and industrial applications. It serves as a versatile polymer in the food industry and is added to food products, such as ice cream, milk shakes, yogurt, and aerated desserts, among others. As guar has more galactose branch points, it is relatively more water-soluble than other gums, and acts as a better emulsifier.
|Product Name||Guar Gum|
|Industrial Uses||Food and feed applications, Thickening and stabilising agent, Textile and paper industry, Explosives industry, Pharmaceutical applications, Cosmetics and toiletries industries, Hydraulic fracturing|
|Supplier Database||Agro Gums, Haryana Guar Gum & Chemicals, Cargill, Incorporated, Chimique India Ltd, TIC Gums, Inc., Nuevo Polymers Pvt. Ltd.|
|Region/Countries Covered||Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
In order to produce Guar Gum, the guar seeds are mechanically dehusked, hydrated, milled and screened. Guar Gum is usually produced as a free-flowing powder with off-white appearance. The guar plant (Cyamopsis tetragonoloba) seed is mainly grown in India and Pakistan, and is also found across different parts of the world.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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