India and Pakistan Guar Gum Market Update
Below is the latest update on the India and Pakistan Guar Gum markets, including tariff and legal developments.
India Guar Gum Market
The splits market continues its downward trend, shedding 14% from the highs at the end of December. Demand remains solid across most sectors, although the U.S. oil patch continues to be weak. The U.S. dollar is holding steady against the Indian Rupee, currently at USD 1 = INR 90.6.
Daily arrivals of seeds have decreased to 15,000–18,000 bags, with each bag weighing 100 kg.
Pakistan Guar Gum Market
Pakistan reports a steady market. Guar meal prices have firmed, and manufacturers remain active in covering existing positions.
Tariffs
India
- The Trump administration has formally removed the 25% tariff on imports from India related to purchasing Russian oil. The effective entry date was February 7, 2026. No refunds are expected for entries prior to this date.
- Regarding the reduction of the reciprocal tariff from 25% to 18%, Indian government officials expect this to occur later this week, although there is no confirmation from the U.S. side.
Pakistan
- Pakistan has a 19% tariff effective August 7, 2025.
Legal Update
The U.S. Supreme Court has yet to rule on the legality of the Trump tariffs, with the next scheduled opinion date on February 20, 2026.
We will continue to monitor these developments and provide timely updates as the season progresses.
Rick Bilodeau