Guar gum futures fall on low demand

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New Delhi, Jan 29 (PTI) Guar gum prices on Friday fell Rs 10 to Rs 6,156 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market.

On the National Commodity and Derivatives Exchange, guar gum for February delivery fell by Rs 10, or 0.16 per cent, to Rs 6,156 per five quintal in 28,565 lots.

Guar gum for March delivery dropped by Rs 14, or 0.22 per cent, to Rs 6,220 per five quintal in 28,055 lots.

Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices. PTI SRS SHW SHW