Ncdex期货市场月度趋势与印度NP公司行情分析

Commodity market trend of guar, from Ncdex
1101---1201, 2015


Market updat from NP company India:

After hitting lower circuits of 4% today, Jodhpur Guar Split prices/market closed at the level of INR 67.00 – 67.50 per kg.

Guar seed arrivals in market yards has picked up now and at 100,000 bags a day. On the other hand demand from the

oilfield services sector is showing no signs of revival. Shrinking drilling and completion activity in Oil & Gas sector is

crimping demand for all consumables including guar gum.

Demand is recovering in food sector but very slowly. Considering large carry over, decent current crop and sluggish demand,

the long term fundamentals are bearish. However, long term stockists are giving some buying support at current prices.

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