Friday 13 January 2012

India guar futures continue uptrend, hits upper circuit

India guar gum futures continued uptrend on Friday despite the market regulator, Forward Market Commission's measures to curb speculation in the commodity. In morning trade, guar gum and guar seed futures have hit the upper circuit. Guar seed has moved up sharply in the past two months on falling supplies and rising export demand, according to traders.

Today’s Rate for Guar Meal Korma is $315/MT FOB Mundra Port.
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