Guar Gum Futures Fall on Low Demand - PTI
Guar gum futures prices declined on the National Commodity and Derivatives Exchange (NCDEX) on Tuesday due to weak spot market demand and ample supplies.
New Delhi, Nov 19 (PTI) Guar gum prices on Tuesday dropped Rs 16 to Rs 10,482 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 December delivery fell Rs 16 or 0.15 per cent to Rs 10,482 per quintal in 56,015 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 December delivery fell Rs 16 or 0.15 per cent to Rs 10,482 per quintal in 56,015 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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