India
has exported 27585 tons of Guar Products (Gum, Splits & Meal) in
the month of June 2015 which is lower export figures compared to last
year. Out of the total guar exports, 18330 tons of Guar gum, 4160 tons
of Splits and 5095 tons of Guar splits exported in June 2015.
Notably,
recent month guar exports fell by 55% compared to exports of last year
same period. Weak demand of guar gum overseas mainly due to falling
crude oil prices, led the gum exports down in the last couple of months.
Falling rig count and new shale gas explorations are also the major
influencing factors for recent decline in guar gum exports.
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