Guar Gum Futures Drop on Low Demand - PTI
By Rediff Money Desk, New Delhi Aug 29, 2024 13:27
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.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.77 ( -2.53)
- 52772969
- Vodafone Idea L
- 9.02 ( -0.44)
- 34797427
- Standard Capital
- 1.15 (+ 9.52)
- 33669934
- Filatex Fashions
- 1.08 (+ 1.89)
- 27453664
- Spicejet Ltd.
- 60.48 ( -1.10)
- 21769448
MORE NEWS
Kotak Mahindra Bank Acquires StanC India's...
Kotak Mahindra Bank to acquire Standard Chartered Bank's Rs 4,100 crore personal loan...
Oberoi Realty Q2 Profit Jumps 29% to Rs 589.44...
Oberoi Realty's consolidated net profit surged 29% to Rs 589.44 crore in Q2 FY24,...
Jsquare Acquires thyssenkrupp Electrical Steel...
Jsquare Electrical Steel Nashik has acquired thyssenkrupp Electrical Steel India for Rs...