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Market Report guar gum - A2 Trading Ltd. |
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Sonntag, 29 April 2007 |
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 Dear Business Partner,
today we would like to
start our attempt and inform you on a fairly regular basis about the actual
market situation for the product Guar Gum, hoping that we can thus help
you in finding the most favourable time for your business decisions.
In case you should not wish to receive our Market Reports in future, please let us know.
Should there be a mistake in your address, or any alteration coming up, please also kindly let us have your up-date information, thus safeguarding a smooth exchange between our two enterprises.
Please be noted:
Present Market Situation of Guar Gum (April 28th, 2007)
- Weather report: There is a strong indication of a good monsoon this year.
- Current Raw Material Position: The highest price gone was Rupee 5000 per qt. , but after seeing good monsoon indication it came down & now is ranging between Rupee 4650-4700 per qt.
- Current Rupee -US Dollar ratio: There is a significant downfall IN US-Dollar these days & Indian Rupee is getting stronger day by day. The position of 10 years before is coming again & business analysts are assuming that the downfall in US-Dollar might prevail.
- Stock Position: Availability of stock is good. Roughly around 50 Thousand Mt. split is lying under stock & near around 3 Million bags Guar Seed are lying in stock. So there is no shortage of any supply in stock.
- Overall Impact: However it is expected that the Guar Market will not increase any further in the near future, as the stock position is good & continous selling is going on in the market. So, it is not very probable that there would be an even higher increase in Guar prices. However - since the basic nature of Guar is volatile - it could still be possible that the market may get effected to some extent, due to speculation & fluctuation in the US-dollar/Rupee ratio.
Due to the downfall of USD , the prices are raised by app. 10-12 %.
Consequently, we cannot recommend to conclude big contracts just at this time, but rather buy in advance the neccessary quantities to cover your demands for app. the next 3 months.
We, on our side, would be glad to receive your enquiries, enabling us to submit our detailed and most favourable offers to you.
We are in the position to supply all prevalent types and can offer a selection of qualities, e.g.:
A2 Guar Gum, min. 3500 cps up to 8000 cps, in 80 – 200 Mesh granulations.
With best regards,
Mirko Ahrens
A2 Trading Ltd.
Amtsstraße 47
D-22143 Hamburg
Tel: +49.40.5238872-0
Fax: +49.40.5238872-22
http://www.A2-Trading.com
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Civil Court Hamburg
Trade Register No.: HRB 97931
Managing Directors: Mirko Ahrens, Robert Alexander
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