Guar gum futures fall on low demand

New Delhi, May 22 (PTI) Guar gum prices on Friday fell Rs 76 to Rs 5,346 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.

On the National Commodity and Derivatives Exchange, guar gum for June delivery fell by Rs 76, or 1.4 per cent, to Rs 5,346 per five quintal in 35,405 lots.

Guar gum for July delivery eased by Rs 88, or 1.61 per cent, to Rs 5,380 per five quintal in 7,435 lots.

Marketmen said slackness in demand in spot market and increased supplies from growing regions put pressure on guar gum prices. PTI SHW RUJ RUJ