Guar Gum Futures Fall on Low Demand - PTI
Guar gum futures declined on Wednesday due to weak demand and ample supplies in the spot market, falling Rs 34 to Rs 10,317 per quintal on the National Commodity and Derivatives Exchange.
New Delhi, Jan 29 (PTI) Guar gum prices on Wednesday fell Rs 34 to Rs 10,317 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 34 or 0.33 per cent to Rs 10,317 per quintal in 42,045 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 34 or 0.33 per cent to Rs 10,317 per quintal in 42,045 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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