Guar gum futures fall on low demand

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New Delhi, Mar 31 (PTI) Guar gum prices on Wednesday fell Rs 3 to Rs 5,895 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 April delivery fell by Rs 3, or 0.05 per cent, to Rs 5,895 per five quintal in 29,845 lots.

Guar gum for May delivery dropped by Rs 5, or 0.08 per cent, to Rs 5,975 per five quintal in 25,290 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