Guar Gum Futures Fall on Low Demand
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Guar gum futures prices fell Rs 51 to Rs 9,581 per quintal due to weak spot market trends and low demand. National Commodity and Derivatives Exchange saw a 0.52% decline.
New Delhi, Jun 13 (PTI) Guar gum prices on Friday fell Rs 51 to Rs 9,581 per quintal in the futures trade 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 July delivery declined by Rs 51 or 0.52 per cent, to Rs 9,581 per quintal in 49,080lots.
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 July delivery declined by Rs 51 or 0.52 per cent, to Rs 9,581 per quintal in 49,080lots.
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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