Guar gum futures prices fell on Thursday due to weak demand and ample supplies. Read more about the decline in guar gum prices on PTI.
New Delhi, Nov 30 (PTI) Guar gum prices on Thursday dropped Rs 101 to Rs 11,455 per five quintals 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 December delivery fell Rs 101 or 0.88 per cent to Rs 11,455 per five quintals in 34,870 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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