Mumbai, April 28 - India's guar gum exports for the year ended March 2008 are estimated to have risen about 6 percent on year to 200,000 tonnes on strong industrial demand, a top trade official said on Monday.
"The European Union report did hurt the food grade exports to an extent, but now it's under control and picking up," Debjani Roy, executive director, Shellac & Forest Products Export Promotion Council (SHEFEXIL), told Reuters in an interview.
Exports in value terms stood at 11 billion rupees, down 2 percent, on an appreciating rupee and lack of export incentives, she said.
The Indian rupee appreciated 8.3 percent during the 2007/08 fiscal year, limiting export realisation for many commodities.
India's guar output was estimated at 850,000 tonnes in 2007/08, up from about 650,000 tonnes a year earlier, she said.