Newsletter

November

 
Topics in this issue:

  Market report Guar gum
  Market report Xanthan gum
  Market report Locust bean gum
 

Market report Guar gum

These days the market for Guar has been showing a slight downward trend due to sufficient rainfalls in the growing areas. Even in the desert areas of Rajasthan precipitation was recorded.

The rainfall could help to increase this year's crop yield.
Currently about 9-10 million bags are expected in India, which would be a significant increase, compared to the previous year with "only" 7-8 million bags.

We recommend covering your medium term demand.

We will keep you up to date on future developments.

05.11.2019
Sabine Justiz

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Market report Xanthan gum

Prices have remained at a relatively stable level in recent weeks. Compared to the previous year, we recorded lower prices due to sufficient production capacities and a slight decline in deliveries to international markets.

The prices of xanthan gum raw materials are almost unchanged but with increases in energy, environment and human resources costs.

Due to this situation, we continue to expect stable prices at the current level.

05.11.2019
Alexei Justiz

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Market report Locust bean gum

The harvest for this year has been completed and disillusionment has reoccurred.
Almost all growing areas in the Mediterranean area report lower yields than expected just a few weeks / months ago.

Therefore, the situation in the countries of origin continues to be almost dramatically strained.

Kibblers are offering seeds to LBG producers only cautiously and waiting to achieve even higher prices from the market.
The availability of good quality of LBG is therefore very limited, which has a corresponding effect on the price level.

We assume that the price situation will not ease in the near future.

05.11.2019
Ricardo Pietruschka
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Neupert Ingredients GmbH
In der Boerse 9 | D-21441 Garstedt | Germany
Tel.: +49 4173- 51591 - 0 | Fax: +49 4173 51591 - 99
E-Mail: info@neupert-ingredients.de
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