Polypro IndoPak Guar Gum Market Report 5-4-2017

On the IndoPak supply side, raw material remains tight but plants are reporting a slowdown in fresh orders for the O&G frac industry.

Please click on the below link to review guar gum import data for the period of January 2017 – April 2017.  On the average, for the past few years only 3,000 metric tons per month is related to non O&G frac applications. i.e., food (pet food), mining, etc…

I am of the opinion that the jump in March / April imports are not entirely related to an increase in down hole consumption. Rather, US frac buyers doubled up on their orders and manufacturers pushed extra shipments out the door prior to their March 31 fiscal year end and ocean rate hikes.  The IndoPak raw material and Houston Frac markets are somewhat relaxed with the decline in WTI oil price.  We will continue to watch the frac guar import trend and keep you updated.

Please balance our comments with others.

guar gum import data for the period of January 2017 April 2017