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Guar prices dip

A note from Premcem Gums.

This is just a short update to let you know that Guar splits prices have come down by around 13% in the last 8 days and about 10% since yesterday. This is on account of subdued demand from sectors other than oil and also the expectation of onset of the Indian Southwest Monsoon in the next few days.

Is this the start of a price reduction in guar or just a dip on the rollercoaster?