Derivatives

Derivatives of Guar

Guar Splits prices are hovering at low level. Current prices for Guar Splits are moving in a range of US$  1070 per MT to US$1140 per MT; the last time prices were at this level in US$ terms was in December 2014. Reasons behind this recent decline in prices are given below: Firstly we are at that time of the year when arrivals from the new Guar crop are at their peak Secondly, and more importantly, the price for crude oil has fallen substantially. It is nearly US$ 55 a barrel today. “Four things are now affecting the picture. Demand