Guar Update

31-Jul-13

Market News
Sowing of new crop of guar has been completed in major parts of Rajasthan. Market expected to remain weak. Spot price of guar seed at Jodhpur is Rs. 5002/qntl and guar gum is Rs. 13777/qntl. The guar seed October and November contract are again expected to come in contango.

Guar seed Futures Price Movement

Previous Close 4262 4209 4299 Opening Price 4299 4162 4195 Closing Price 4113 4089 4138 % change over previous close -3.50% -2.85% -3.75% Volume (MT) 6826 3464 275 10565 Open Interest (MT) 3660 2321 155 6136 Volume (Rs. Lakh) 2834.78 1425.23 114.57 4374.58

Expiry Date Oct-13 Nov-13 Dec-13 Total

High Price Low Price 4300 4166 4220 4092 4041 4128

Guar gum
Futures Price Movement
Previous Close 12067 12053 12513 Opening Price 11785 11692 0 Closing Price 11654 11686 11900 % change over previous close -3.42% -3.04% -4.90% Volume (MT) 334 87 0 421 Open Interest (MT) 241 42 10 293 Volume (Rs. Lakh) 393.83 101.89 0.00 495.72

Expiry Date Oct-13 Nov-13 Dec-13 Total

High Price 11974 11850 0

Low Price 11585 11571 0

Spread Guar seed

Date 24-Jul-13 25-Jul-13 26-Jul-13 27-Jul-13 29-Jul-13 30-Jul-13 Nov - Oct -50 -54 -48 -49 -53 -24 Dec - Nov 109 154 127 126 90 49

Guar gum
Date 24-Jul-13 25-Jul-13 26-Jul-13 27-Jul-13 29-Jul-13 30-Jul-13 Nov - Oct -148 -45 -167 -170 -14 32 Dec - Nov 1296 1649 2098 556 460 214

Volume and OI comparison

Commodity Guar seed Guar gum OI (MT) Volume (crores) OI (MT) Volume (crores)

30-Jul-13
MCX 6136 43.75 293 4.96 NCDEX 18026 43.92 3437 27.34

29-Jul-13
MCX 6127 57.75 311 3.24 NCDEX 16628 69.53 3428 33.24

27-Jul-13
MCX 6320 30.62 306 1.35 NCDEX 15947 36.15 3485 11.07

26-Jul-13
MCX 6119 36.37 305 2.72 NCDEX 15255 69.87 3397 28.80

Stock position as on July 29, 2013

Commodity Guar seed Guar gum Dematted Stock (MT) Dematted Stock (MT) MCX 109.20 9.965 NCDEX 220 0 ACE 0 0

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