Key weather related dates that can influence the guar gum market undertone are June 1 and June 10. The first is the historical onset date of the monsoon over the southern state of Kerala. The second is the arrival in Mumbai, the financial center of India.
Other important monsoon benchmark dates are June 15 (southern edge of Indian guar area), July 1 (Jodhpur), and July 15 (eastern edge of Pakistani growing area). May and June are the time of pre-planting rains. July is pre-planting rain and/or monsoon planting rains. The latest planting date is early-mid August.
The market will continue to watch the forecast and actual demand and/or weather events for direction.
Please balance my comments and opinions with others.