Guar gum futures fall on low demand

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New Delhi, Feb 11 (PTI) Guar gum prices on Thursday fell Rs 19 to Rs 6,228 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 19, or 0.3 per cent, to Rs 6,228 per five quintal in 7,540 lots.

Guar gum for March delivery dropped by Rs 23, or 0.36 per cent, to Rs 6,311 per five quintal in 50,140 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