The last 5 months have been phenomenal in terms of the sheer price increase and volatility for Guar Splits! Since the end of Aug-10 the price for Guar Splits has gone up 85%!!
There is speculation among analysts that DuPont will sell the food side of the Danisco business. The food companies mentioned as likely buyers include Kerry Ingredients and Tate & Lyle.
A new report has been published jointly by CyberColloids and the Marine Institute in Ireland on the flavour of seaweeds and their possible use in high value food products.
In our last Guar Market Update sent on 1st June 2010 we had informed everyone that “Guar Gum prices are more or less at the same level as that in mid April 2010.
A fire at an agar plant in Southern Chile occurred on Sunday August 15. The fire was severe and destroyed the entire factory and stocks of Proagar in Llanquihue, Puerto Montt.