There are initial signs of guar gum regaining some of the ground it lost in recent years.
A processed commodity made from guar seed, it was the top agricultural commodity in the export basket during 2012-13, of $3.9 billion (Rs 26,000 crore). It is used in extraction of shale oil and at the time, with the price of crude oil right up, it was hugely in demand. With the price of oil slumping, it lost a lot of ground; it is now at 10th position in the agri export basket.
However, from the start of February, its price on the National Commodity