Guar Gum Futures Plunge on Weak Demand - PTI
Jul 23, 2024 14:05
Guar gum futures fell Rs 112 to Rs 10,717 per quintal on Tuesday due to low demand and ample supply. Learn more about the market trends.
New Delhi, Jul 23 (PTI) Guar gum prices on Tuesday dropped Rs 112 to Rs 10,717 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 August delivery fell Rs 112 or 1.05 per cent to Rs 10,717 per quintal in 45,780 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
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