Guar Market Update August 2026

Guar seed and guar gum prices showed a strong upward rally on the National Commodity & Derivatives Exchange at the end of August 2026, driven by tightening local availability and aggressive buying momentum.

Price and Futures Update

• Guar Seed (September 2026 Contract): Traded around ₹6,607 per quintal, showing a daily increase of about 1.09% with a session high reaching ₹6,683. [1]

• Guar Gum (September 2026 Contract): Hovered near ₹12,692 to ₹12,869 per quintal, logging gains of over 1.39% amid active spot market participation. [1]

• Local Mandi Rates: Average local mandi prices spiked sharply in select regional trading centers, reflecting intense short-term procurement. [1]

Market Drivers

• Monsoon & Sowing: Because guar is predominantly a rain-fed crop in regions like Rajasthan, monsoon progress remains a critical focal point for output expectations. [1]

• New Derivatives: The addition of regulated hedging tools like guar korma futures on the National Commodity & Derivatives Exchange has helped improve price discovery for processing byproduct streams. [1]

• Industrial Demand: Ongoing demand from oil and gas drilling operations (for hydraulic fracturing) alongside steady food-grade stabilizer requirements continue to set the baseline for broader market sentiment