Guar gum futures fall on low demand

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New Delhi, Nov 6 (PTI) Guar gum prices on Friday fell Rs 46 to Rs 6,555 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 November delivery fell by Rs 46, or 0.7 per cent, to Rs 6,555 per five quintal in 11,015 lots.

Guar gum for December delivery decreased by Rs 48, or 0.72 per cent to Rs 6,644 per five quintal in 43,890 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