Guar Gum Demand Has Reduced Almost Halved, Tough Time for Exporters in the Industry
This is tough time for guar gum exporters in the industry to survive with current crisis. However, the situation cannot be controlled by the expert team but only solution is to wait for the right time to maximize the profits. If we go into depth then demand of guar gum has reduced to halved and many of the companies have already closed their plant because of zero profits and negligible demands from clients.
The biggest reason for decreased Demand Of Guar Gum Powder is recession in crude oil industries. More than 80 percent of guar gum is utilized by crude oil and petroleum industries. That’s why demand for guar gum powder has been reduced almost halved and profits of exporters are also decreasing at a fast pace.