Guar gum prices dropped on the National Commodity and Derivatives Exchange (NCDEX) due to weak demand and ample supply. Learn more about the fall in guar gum futures.
New Delhi, Oct 25 (PTI) Guar gum prices on Friday dropped Rs 57 to Rs 10,690 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 November delivery fell Rs 57 or 0.53 per cent to Rs 10,690 per quintal in 45,570 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
Home » Market News » Guar Gum Futures Fall on Low Demand - PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback