Guar gum futures fall on low demand

·1-min read

New Delhi, Mar 10 (PTI) Guar gum prices on Wednesday fell by Rs 9 to Rs 6,008 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.

On the National Commodity and Derivatives Exchange, guar gum for March delivery eased by Rs 9, or 0.15 per cent, to Rs 6,008 per five quintal in 10,255 lots.

Guar gum for April delivery dropped by Rs 16, or 0.26 per cent, to Rs 6,100 per five quintal in 47,925 lots.

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