Guar gum futures fall on low demand

New Delhi, Jun 29 (PTI) Guar gum prices on Monday fell Rs 79 to Rs 5,400 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 July delivery fell by Rs 79, or 1.44 per cent, to Rs 5,400 per five quintal in 27,150 lots.

Guar gum for August delivery decreased by Rs 84, or 1.52 per cent to Rs 5,440, per five quintal in 17,875 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