Guar Seed| Indian government has scrapped an incentive.

Indian government has scrapped an incentive of 2% given for the exports of guar gum products, guar gum powder, korma and churi in new foreign trade policy 2014-15 while an incentive of 3% for direct exports of guar seed has been announced which will accelerate guar seed export. Guar prices were showing bullish trend presently.