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Mandi Updates: Average Wholesale Prices of Guar Fall Sharply in February With a Slump in Prices in Rajasthan, Maharashtra, and Haryana

Wholesale prices of guar in the key markets of Rajasthan, Maharashtra, and Haryana have dropped month-on-month in February, due to high supply. However, in states such as Chhattisgarh and Gujarat, the prices of the agri-commodity have risen.

Updated on: 28 February, 2024 10:47 AM IST By: KJ Staff
Courtesy: Pixabay

The wholesale mandi price of guar fell in the benchmark markets across India, due to high supply and subdued demand for the crop, according to experts. The average wholesale prices of guar plummeted month-on-month to Rs 2,536.17 per quintal in February from Rs 5,074.64 in January, according to the Agmarknet portal, run by the Union Ministry of Agriculture and Farmers Welfare.

Guar is mainly a kharif crop, which is grown in Rajasthan, Maharashtra, Chhattisgarh, Gujarat, Haryana, Madhya Pradesh, Delhi, Odisha, and Punjab. Among these states, prices of guar saw a high month-on-month fall in Maharashtra by Rs 321 per quintal to Rs 6,455 in February. 

Rajasthan, which is the largest guar producer, saw a fall of Rs 179 per quintal to Rs 4,656. Similarly, in Haryana, the prices fell by Rs 106 per quintal to Rs 4,824. The falling prices in these states predominantly affected the wholesale average price of the agri-commodity.

Guar is not just a vegetable. It is used in the making of guar gum, which is mixed in food items as a thickener and is highly demanded by the food industry. It is also used in fracking, a process through which, shale gas is extracted. 

However, in several states, the prices of guar have increased. States such as Chhattisgarh and Gujarat saw a month-month rise in guar prices in February, with its prices in Chhattisgarh rising by Rs 263 per quintal to Rs 6,175 and in Gujarat by Rs 251 per quintal to Rs 5,954. 

For those interested in exploring the prices of various crops in their respective state markets, the official website [agmarknet.gov.in](https://agmarknet.gov.in/) provides a comprehensive list. Understanding the price dynamics of different crops and their quality assessment remains pivotal in navigating market fluctuations for farmers and traders alike. 

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