Guar Gum Futures Fall on Low Demand - PTI
Guar gum futures prices dropped on Tuesday due to weak demand in the spot market and ample supplies from growing regions. Read more on the latest commodity market news.
New Delhi, Jan 14 (PTI) Guar gum prices on Tuesday dropped Rs 6 to Rs 10,471 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 February delivery fell Rs 6 or 0.06 per cent to Rs 10,471 per quintal in 53,075 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 February delivery fell Rs 6 or 0.06 per cent to Rs 10,471 per quintal in 53,075 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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