NCDEX will launch exchange-traded Guar Korma futures on July 24, according to reports. Guar korma is a byproduct from the germ part of guarseeds, also known as cluster beans in common usage. The new futures contract is intended to provide a SEBI-regulated platform for exporters, processors and feed manufacturers to hedge price exposure linked to volatile global feed markets.
The launch is described as completing NCDEX’s exchange-traded guar derivatives ecosystem. Supporters of the move say the contract will improve price discovery and broaden risk-management options for participants involved in the guar value chain. India is cited as a leading shipper of guar korma to Europe’s dairy belt, where demand is tied to feed and dairy production.
Overall, the initiative focuses on enabling market participants to manage price uncertainty through standardized futures trading, while strengthening the structure of NCDEX’s guar derivatives offering.
