Production and Trade
The guar bean is principally grown in India and Pakistan, with smaller crops in the US, Australia, China, and Africa. In India, Rajasthan and Haryana are the main producing regions, and Jodhpur in Rajasthan is a major Guar trading market.
India produces about 600,000 tons of guar annually, making it the largest producer with about 80% of world production. In Pakistan, Punjab is the main production area for guar beans.
The world market for guar gum and its derivatives is about 150,000 tons annually and India accounts for about 80% of the global trade in guar products generating exports of guar products worth about 11 billion rupees. Industrial guar gum accounts for about 45% of the total demand. It is used as a controlling agent in oil wells to facilitate easy drilling and prevent fluid loss.
Read more about this topic: Guaran
Famous quotes containing the words production and, production and/or trade:
“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.”
—Friedrich Engels (1820–1895)
“An art whose limits depend on a moving image, mass audience, and industrial production is bound to differ from an art whose limits depend on language, a limited audience, and individual creation. In short, the filmed novel, in spite of certain resemblances, will inevitably become a different artistic entity from the novel on which it is based.”
—George Bluestone, U.S. educator, critic. “The Limits of the Novel and the Limits of the Film,” Novels Into Film, Johns Hopkins Press (1957)
“I sincerely hope that the incoming Congress will be alive, as it should be, to the importance of our foreign trade and of encouraging it in every way feasible. The possibility of increasing this trade in the Orient, in the Philippines, and in South America is known to everyone who has given the matter attention.”
—William Howard Taft (1857–1930)