Polypro IndoPak Guar Gum Market Report – December 8, 2017

Prices firmed slightly since the last report.

At this point, it appears that NCDEX speculation (paper trading) is the root cause of the initial price increase. Typical export demand is reported and current market mood indicates that firm pricing is likely to last through the New Year. Seed arrivals from the past week are reported by three sources as “32,000”, “around 40,000” and “40,000-50,000” bags per day. The three sources reported similar arrivals last week.

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