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Gum Industry Exploring New Markets
Published on: Oct 25 2019, 09:35
Guar gum industry is exploring new markets such as Russia, South America and West Asia to export guar gum. Due to uncertainty about oil prices, investors are not investing in oil drilling. China and U.S. trade talks have sparked up some hope as tensions between the two pressured crude oil prices bringing down oil drilling activities. Guar gum exports during Oct’18-Sep’19 have been lower by around 11 percent compared to Oct’17-Sep’18.
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