Guar gum futures fall on low demand

·1-min read

New Delhi, Nov 17 (PTI) Guar gum prices on Tuesday fell Rs 67 to Rs 6,355 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 67, or 1.04 per cent, to Rs 6,355 per five quintal in 54,045 lots.

Guar gum for December delivery decreased by Rs 61, or 0.94 per cent to Rs 6,440 per five quintal in 2,790 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