Guar Gum Futures Fall: Low Demand Impacts Prices
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Guar gum futures decline on NCDEX due to weak spot market demand and ample supplies. March delivery falls Rs 181 to Rs 10,354 per quintal.
New Delhi, Feb 6 (PTI) Guar gum prices on Friday fell Rs 181 to Rs 10,354 per quintal in the futures trade 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 March delivery declined by Rs 181, or 1.72 per cent, to Rs 10,354 per quintal in 43,600 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.. PTI DR DR BAL
BAL
On the National Commodity and Derivatives Exchange, guar gum for March delivery declined by Rs 181, or 1.72 per cent, to Rs 10,354 per quintal in 43,600 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.. PTI DR DR BAL
BAL
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