Guar Gum Futures Drop on Weak Demand - PTI
Guar gum futures prices fell on the National Commodity and Derivatives Exchange (NCDEX) due to weak demand and ample supplies. Read more about the decline in guar gum prices.
New Delhi, Mar 24 (PTI) Guar gum prices on Monday fell Rs 32 to Rs 10,375 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 April delivery slipped Rs 32 or 0.31 per cent to Rs 10,375 per quintal in 50,340 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 April delivery slipped Rs 32 or 0.31 per cent to Rs 10,375 per quintal in 50,340 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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