Guar gum futures fall on low demand

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New Delhi, Feb 17 (PTI) Guar gum prices on Wednesday fell Rs 26 to Rs 6,282 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 March delivery fell by Rs 26, or 0.41 per cent, to Rs 6,282 per five quintal in 54,995 lots.

Guar gum for April delivery dropped by Rs 18, or 0.28 per cent, to Rs 6,360 per five quintal in 3,195 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