Houston, TX (PRWEB) September 27, 2013
Three Headed Lion Inc. (THL) today announced the release of its latest market report- 2013 Guar Gum Report: INDIA (September Update). http://www.threeheadedlion.com/guargum.html
Guar gum is used in a wide variety of industries, such as food, animal feed, textile, pharmaceuticals, personal care, health care, nutrition, cosmetics, paper, explosives, mining and oil drilling. The report provides an in-depth assessment of the latest supply side trends and critical insights into the new guar season in India.
The total area under guar cultivation this season is expected to increase by 21% over last. Rajasthan, Haryana, and Gujarat – the three key guar-producing states – have exceeded the sowing area target set by their respective agriculture departments. Non-traditional guar cultivators in other Indian states have also shown keen interest in the crop this year.
With a strong carry forward stock from previous season, and a forecast for higher guar seed production as compared to last year, the market should witness good liquidity of seeds to meet current guar gum demand. Despite stable market conditions, the market once again showed its true character, as guar prices once again became volatile towards the end of August. Prices continued the upward trend well into the middle part of September. Prices were reigned in only after FMC, the Indian regulatory authority stepped in and once again ordered an investigation to identify forces responsible for the price rise.
“The recent price rise of the commodity despite a stable demand-and-supply situation once again highlights the fact that this market is vulnerable to manipulation,” explains Javed Matin, the co-founder of Three Headed Lion Inc., and the lead author of the report. “There is a lot of noise in the market and our goal as always is to get to the real facts and trends to accurately construct the true state of the market.”
The report is available at http://www.threeheadedlion.com.
The opaque nature of guar gum’s supply chain in India demands continuous, close monitoring of developments on the ground to better predict pricing and supply trends as 2013 season unfolds. While prices look stable at this juncture, there are several unknowns that could have a significant impact to the stability of the guar market. These include:
IN THIS REPORT
IN THIS LATEST REPORT, the research team at Three Headed Lion reviews the current pricing and supply trends by evaluating key underlying market fundamentals.
The report also provides:
Who should use this report?
Business and financial planners, business unit heads, purchasing managers, logistic managers, equity researchers, hedge fund managers, Investors, market researchers, and others interested in guar or guar gum.
DOWNLOAD the 2013 Guar Gum Report: INDIA at http://www.threeheadedlion.com/guargum.html
About Three Headed Lion, Inc.:
Three Headed Lion Inc. (THL) is a USA-based company headquartered in Houston, TX with offices in India. THL’s mission is to empower global companies and institutions to minimize investment risk and maximize the value of their businesses and projects in India. We do this by providing critical micro level market data and intelligence, business risk management services, and strategic advice. THL’s operating model is built on its deep market presence in India and expertise that uses an unrivaled combination of local market experts and a network of 1000+ THL Market Intelligence and Information Providers (MIIPs) who are located in all districts across the subcontinent.