web stats analysis

Guar Gum News - Indias Guar Gum Exports Fell by 30%25 Y o Y in Nov.20
logo
Download Our Android App From Google Play Store

India's Guar Gum Exports Fell by 30% Y-o-Y in Nov.'20

India’s guar gum exports fell in the month of November 2020 by 6% to 13414 tonnes compared to 14,331  tonnes during October 2020 at an average FoB of US $ 1611 per tonne in the month of November compared to US $ 1785 per tonne in the month of October 2020. However, the gum shipments were down 30% in November 2020 compared to the same period last year. Of the total exported quantity, around 3,639 tonnes is bought US, Russia (2,914 tonnes) and Germany (1,188 tonnes). 
 
India’s guar split exports improved in the month of November 2020 by 33% to 4557 tonnes compared to 3,438  tonnes during October 2020 at an average FoB of US $ 1,390 per tonne in the month of November compared to US $ 1,408 per tonne in the month of October 2020. Further, the guar split shipments were up 286% in November 2020 compared to the same period last year.  Of the total exported quantity, around 1,152 tonnes is bought US, China (1,940 tonnes) and UK (4,84 tonnes).
 
Considering the fall in oilrig counts, we feel the guar gum exports demand to be dull for some more time.