Guar Seed futures have extended their unrelentless bull run on Friday, again touching the upper circuit limit of 4 percent. Though there has been news of an upward revision in crop estimates and additional curbs on futures trade but that is unable to hinder the up move in the commodity prices. The commodity exchanges revised open position limits on guar complex, to rein in prices. The new position limits come into effect from January 21.
Today Price for Guar Meal & Split is as below:
Guar Meal Churi: $300/MT FOB Mundra Port
Guar Meal Korma: $315-320/MT FOB Mundra Port
Guar Gum Split: $7260/MT FOB Mundra Port
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