Guar Gum Futures Fall on Low Demand - PTI

Jan 29, 2025 13:23

Guar gum futures declined on Wednesday due to weak demand and ample supplies in the spot market, falling Rs 34 to Rs 10,317 per quintal on the National Commodity and Derivatives Exchange.

New Delhi, Jan 29 (PTI) Guar gum prices on Wednesday fell Rs 34 to Rs 10,317 per quintal in the futures market as traders offloaded their holdings in line with a weak trend in the spot market.

On the National Commodity and Derivatives Exchange, guar gum for February delivery fell Rs 34 or 0.33 per cent to Rs 10,317 per quintal in 42,045 lots.

Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.

Source: PTI

MORE NEWS

India Sugar Exports Reach 2.87 Lakh Tonnes in...

India has exported 2.87 lakh tonnes of sugar till April 8th of the 2024-25 marketing...

RBI Cuts Rate to Cushion Economy Amid Global...

India Inc welcomes RBI's second consecutive repo rate cut, citing its ability to...

IndiGo & Accor Partner for Loyalty Program...

IndiGo and Accor join forces to offer enhanced loyalty benefits to travelers, allowing...

RBI Worried About Tariff War Impact on Growth

RBI Governor Sanjay Malhotra expresses concern over the impact of the US-India tariff...

IRB Infra Toll Revenue Rises 23% to Rs 6,360 cr...

IRB Infrastructure reports a 23% year-on-year increase in toll revenue to Rs 6,360...

BharatPe Gets Payment Aggregator License from RBI

BharatPe Group's Resilient Payments receives final authorisation from RBI to operate as...

Steel Strips Wheels Wins USD 5 Million Order...

Steel Strips Wheels secures a USD 5 million order for steel wheels from an undisclosed...

Crude Oil Futures Fall on Weak Demand

Crude oil futures declined in India on Wednesday, tracking weak global demand. West...

RBI Raises UPI Transaction Limits for P2M Payments

The Reserve Bank of India (RBI) has permitted the National Payments Corporation of...

RBI Hints at More Rate Cuts: EMIs May Fall -...

Reserve Bank of India Governor Sanjay Malhotra hints at another rate cut, changing the...

Guar Gum Futures Fall on Low Demand - PTI

You May Like To Read

MORE NEWS