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At present, a big news related to Agri Commodity is coming from the domestic Commodity Market. Guar Pack prices are once again witnessing a huge rise in the futures markets of the country, due to which its prices are trading at a record high of 7 months. Due to slow pace of monsoon and huge reduction in sowing, guar pack has suddenly become a rocket in the domestic market. The price of Guar Gum has crossed Rs 12,300 in the spot and futures markets, while the prices of Guar Seed have also increased rapidly and reached close to Rs 6,300 per quintal.
Strong rise in guar pack prices, investors happy with record returns
Guar Pack has started making investors rich since the beginning of July. In the beginning of July itself, an increase of 6 percent in guar gum and 3 percent in guar seed has been recorded. If we look at the movement of the last one week, there has been a huge jump of 5 percent in guar seed and 7 percent in guar gum.
Even in terms of long-term returns, guar prices are continuously increasing. Guar seed has become expensive by 9 percent in the last 3 months and by 14 percent in the last 6 months. On the other hand, guar gum has surprised the stalwarts of the commodity market by showing huge growth of 8 percent in the last 1 month, 14 percent in 3 months and 21 percent in just 6 months.
Fear of decline in production due to weak monsoon and sowing crisis
According to Agri Commodity Expert Pukhraj Chopra, the weak and indifferent rains in the major producing states of the country are having the most direct and worst impact on guar pack crops. Even though the monsoon has reached Bikaner, the main guar producing area of Rajasthan, this time the rainfall there has been very less and unsatisfactory. According to the forecasts of the Indian Meteorological Department (IMD), there is no hope of good rain in these areas till July 21.
Due to this adverse weather, till now only 34 percent sowing of guar has been completed in the country. Experts believe that the global and domestic demand for guar remains strong at the level of 25,000 tonnes, but there is a serious possibility that the total production of guar this year will be much less than last year as compared to the demand. If the monsoon continues to be weak in the future, then guar pack prices may see an even bigger rise in the coming days.
Spices market also on fire, turmeric and coriander on top for 5 months continuously
Along with Guar Pack, the market of spices on NCDEX is also going through a period of tremendous growth. Turmeric prices have also jumped to the highest level in 7 months. The August futures of turmeric have reached its highest level since January 2026 at Rs 18,700 per quintal. Earlier on January 7, turmeric prices had reached an all-time high of Rs 18,780. This bullish phase continues in the turmeric market for the fifth consecutive month and in these 5 months the prices have increased by more than 19 percent.
Along with turmeric, coriander is also not behind. Coriander prices have also remained on the rise for the fifth consecutive month, due to which its August futures have crossed the mark of Rs 16,100. In the last 5 months, there has been a tremendous increase of about 35% in the prices of coriander, out of which the prices had increased by more than 22% in the month of June alone. According to market experts, the prices are getting strong support due to the huge decline in the supply of coriander in the markets (Supply Shortage).