Guar Net Crush Margins and Byproduct Prices on the Rise

Guar Gum

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During the reviewed week, the average net crush margin for Guar saw a significant increase. The net crush margin rose to INR 409 per quintal, up from the previous week's INR 300 per quintal. This improvement was attributed to Guar seed prices remaining weak while gum prices stayed stable over the past 15-20 days, resulting in favorable margins for crushers. Additionally, the market experienced a significant rise in churi and korma prices over the last 10-15 days, recording a 36% and 5% increase respectively over the past month. This indicates strong market demand, which is likely to support prices in the near future.