Guar gum futures prices fell on Wednesday due to low demand and ample supply. Read more about the decline in guar gum prices on the National Commodity and Derivatives Exchange.
New Delhi, Jun 19 (PTI) Guar gum prices on Wednesday dropped Rs 96 to Rs 10,816 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 July delivery fell Rs 96 or 0.89 per cent to Rs 10,816 per five quintals in 47,270 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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