Guar Gum Futures Fall on Low Demand - NCDEX
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Guar gum futures decline on NCDEX due to weak spot market demand and ample supplies. October delivery down Rs 2 to Rs 9,302 per quintal.
New Delhi, Sep 15 (PTI) Guar gum prices on Monday fell marginally by Rs 2 to Rs 9,302 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 October delivery marginally declined by Rs 2 or 0.02 per cent to Rs 9,302 per quintal in 48,445 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 marginally declined by Rs 2 or 0.02 per cent to Rs 9,302 per quintal in 48,445 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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