Guar Gum Futures Fall on Low Demand - PTI
Guar gum futures declined on Friday, dropping Rs 6 to Rs 10,405 per quintal due to weak demand and ample supply in the spot market.
New Delhi, Dec 27 (PTI) Guar gum prices on Friday dropped Rs 6 to Rs 10,405 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 January delivery fell Rs 6 or 0.6 per cent to Rs 10,405 per quintal in 46,450 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 January delivery fell Rs 6 or 0.6 per cent to Rs 10,405 per quintal in 46,450 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.