Guar gum futures fall on low demand

·1-min read

New Delhi, Nov 13 (PTI) Guar gum prices on Friday fell Rs 71 to Rs 6,340 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 71, or 1.11 per cent, to Rs 6,340 per five quintal in 1,525 lots.

Guar gum for December delivery decreased by Rs 46, or 0.71 per cent to Rs 6,459 per five quintal in 53,645 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