Guar gum futures fall on low demand

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New Delhi, Feb 19 (PTI) Guar gum prices on Friday fell Rs 38 to Rs 6,170 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 38, or 0.61 per cent, to Rs 6,170 per five quintal in 51,990 lots.

Guar gum for April delivery fell by Rs 42, or 0.67 per cent, to Rs 6,317 per five quintal in 6,130 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