Guar Gum Futures Drop on Low Demand - PTI
By Rediff Money Desk, New Delhi Sep 26, 2024 13:58
Guar gum futures prices fell on the National Commodity and Derivatives Exchange (NCDEX) due to weak demand and ample supplies. Read more.
New Delhi, Sep 26 (PTI) Guar gum prices on Thursday dropped Rs 199 to Rs 11,400 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 October delivery fell Rs 199 or 1.75 per cent to Rs 11,400 per quintal in 38,755 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 October delivery fell Rs 199 or 1.75 per cent to Rs 11,400 per quintal in 38,755 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
- Mishtann Foods L
- 9.84 (+ 9.94)
- 184493613
- Thinkink Picturez
- 2.13 (+ 4.93)
- 84583198
- Srestha Finvest
- 0.90 ( -4.26)
- 79660973
- Rajnish Wellness
- 1.83 ( -1.61)
- 61365296
- Vodafone Idea L
- 8.03 ( -0.62)
- 37608220
MORE NEWS
ICICI Bank Partners with CBA for...
ICICI Bank has partnered with Commonwealth Bank of Australia to facilitate investments,...
Morgan Stanley, Societe Generale Invest in...
Morgan Stanley, Societe Generale, Citigroup, and Goldman Sachs invested Rs 416 crore in...
Shriram Finance Sells Housing Finance Arm to...
Shriram Finance has completed the sale of its housing finance subsidiary, Shriram...