Guar Gum Futures Drop on Low Demand - PTI
Guar gum futures fell by Rs 60 to Rs 10,570 per quintal due to weak demand and ample supply in the spot market. Read more on PTI.
New Delhi, Aug 29 (PTI) Guar gum prices on Thursday dropped Rs 60 to Rs 10,570 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 September delivery fell Rs 60 or 0.57 per cent to Rs 10,570 per quintal in 29,060 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum for September delivery fell Rs 60 or 0.57 per cent to Rs 10,570 per quintal in 29,060 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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